Central Banks & Big Players

Thanks.

Father God, Please continue to bless Tony with supernatural abundance of wins, as his heart is in the right place- he is not selfish. He gives freely and we thank him for that. Give him the strength, wisdom, and discernment to grow his account beyond his wildest imagination, for you alone know what is in store, and how he can use that immense wealth to help others as well as reward himself for all of his hard work and sacrifice. Continue to watch over him and his family as they transition to new levels of Glory, and help him to know you better as he grows each and every day....Can I get an AMEN! Have a great Labor Day Weekend all

Amen. it touches me to see thing like that, i will make sure I contribute so we can all succeed in this. next week will be full of updates, there are a lot of things that i have to specify to upgrade this system

Just wish that Monday weren't a holiday so we could be ripping it up Sun eve and Monday. Here's a thought I have, and perhaps it's covered later in this thread...I'm only on page 50 at this point....If it is, forgive the redundancy, If we know that bank levels are 20, 50, 80 and 00, why not set prelim take profit levels to coincide with those levels- yet if it blows right through them like a rhino through a sheet of paper, we adjust to the next level...i.e. You take a long at 125.50. price goes ripping to 125.80 and hovers. you bag it, get out, and celebrate 30 pips. if on the other hand it rips right by 80 in this same example and goes to 90, you set your sights on 00 and adjust accordingly.

I did this with another ( less profitable system with tons 'o indicators) and this is the ONE piece of gold that I brought forward with me. What are your thoughts?

As I study all your screen shots, and look to see if this theory makes sense, it seems to. I might have to incorporate this theory as the week progresses and I am trading and the report back to you on the results of same.

Last thought, and again this may be covered later in the thread. Instead of moving SL to 0, why not move it to +1. Then, at that point, even if you're stopped out, you're still winning. If you enter correctly, at least preliminarily, it occurs that price reversals and re-tests would be un-affected with this new MM, but bottom line your account would definitely be affected. UP

i hope you insert some rules that are less personally like support and resistence...

Wow, I am appalled at this. With as much as Tony has given us, you go and make this post?

I am going to keep this as cordial as possible and do not want to derail this thread. But please make your own thread where you can design your EA that is bound to fail. If there was one single profitable EA in the world of forex, wouldn't everybody just run that and never look at a chart again? Of course they would.

Tony has been trading this system successfully as have many others in this thread with the "personal" rules including support and resistance. In fact, I'd say there isn't a single forex strategy that does not involve support and resistance. I've been trading this on demo for the past two weeks and it is amazing. I haven't been this interested in the market in over a year, and I am so excited to make my deposit to Oanda next week.

Thank you, Tony, for everything. I'm sorry that people like this just do not understand the wonderful simplicity of this system.

Well i´m impressed with this system.

The good of it is that you can join it with any other system you are doing since you look at EURUSD at especific time like session open.

I didn´t read all the posts. I would like to know if the first post is updated and the rules are the same. Or are you looking at other times like news or S&R break outs?

Nice work here.

I found something interesting that there are some posts asking about how many pips a Weak average can be achive with this system. Well i could not find a replay to this question.

If anyone of the exprient traders with this system wont mind to post some results that would be great to know.

Thanks

I will be keep looking at this.

Good pips for all.

By the way Ozzie, correct me if i'm wrong Tony, but nyse opens at 1pm not 1.30pm GMT time.
This strategy that Tony has brought to us moves so fast they can't spike you out, hunt your stop loss...these brokers just don't have the time because all hell brakes loose from them as well lol!!

Before they know it, Tony's made off with a few more thousand....

I suppose the bigger the fear / more bad news etc., the bigger the run would be a good indicator for how much and how often we see this big surge on the open whether it's the bull or the bear.

See ya all next week.

Wow tony

. OMG seriously Perfect entry +perfect exit ...You let the profit run . it take a lot of guts . I'm really happy for you. I hope its just the beginning
WOW this trade rock
congrats!!!!

Now alot of traders tilling finding it hard to be a on the plus in forex? it because not everybody can become a trader.

if you are having difficulty with trading profitably in forex,send me a private message.
Its is very possible to be positive in forex

This is your very first post on FF and it looks like spam to me.

Hi mate i tryed the way u explained Flexichart->Mt4->experts and IO.utilis and Offlinechart ->Mt4->experts->labraries but Flexichart is not functioning any advise... Thanks in advance...

thanks a lot, I'm really happy

yea it was a long trade: throw it in the wind and let if fly away...

Make sure your expert advisors are turned on. You should have a smiley face on the chart you place flexichart EA

Hi Tony
Question for you. Are there days when you know not to bother, also, if you are on a day waiting for a trade to happen and nothing has really happened for say 2 hours after the open, do you leave it for the rest of the day.
Thanks

Thanks brother !

Tony what if you tell us when you are looking to trade, are you trading the Gbp/usd tonight 10pm gmt?
Cheers.

Attachment After having the pleasure of reading this entire thread I made the decision (really it was a no brainer ) to implement this trading style into my current program.

Today I took my first trade using this strategy. It was a very quick trade. I am posting a pic of what I did. I think I may have entered too late. Instead of letting it get back to break even I just exited with a five pip profit. Any comments as to what was right/wrong would be appreciated.

I believe that once I am able to consistently and confidently trade this it will easily double the amount of pips I take on a weekly basis.

I think another thing too is that 5 minute charts, which is what I built a system for, and have been trading successfully on, will never show you the level of detail (obviously) or the minutiae which is SO important and very overlooked by tons of traders. I even used to coach others to work towards longer term charts to avoid looking at 5 minute charts, which we used to affectionately call "crack charts". Silly me. Well, here's a news flash- 5 second charts for PA are the ONLY way to trade live, and Tony, again I must say thank you, as you have done a masterful job of delineating what's what in the world of pippin'. Ciao y'all...

Well top of the day to y'all. I am so friggin' frustrated, yet have cooled off a bit, and will share why. My fam and I moved here to the USVI, to tae advantage of, among other things, the ability to qualify for preferential tax treatment with a trading company I was starting here that'll get you 90% off on your corporate and personal income tax for 15+years- and still keep our US passports. I trade with FXPro. I'm an IB for them. Unfortunately, no stateside accounts anymore- they pulled out of the US. I understand why- they didn't wanna deal with the silly regs the US keeps putting in place.

The internet here SUCKS- and there's no reason why. WE have a trunk of the actual WWW( global crossing) cable through the tip of the island housed in a super secure building. But my downspeed on good days is 1.5Mbps and up hovers around 0.5Mbps. There's on average a 193ms latency on the line to ping, and I am trading off a <MAC> via a VPS in Chicago. It's disgusting, but can you imagine, people actually PAY for DSL at .24 down and. 12 up?I have the fastest connection.

So I have been reading this thread diligently- not skimming- reading every post, blowing up every chart, studying every PA captured and every entry/win/loss posted, and taking notes. <EVEN OUTRIGHT CURSING, which IMHO doesn't help me pippin'>

This system is so clear, it's silly. We( seem to have a lot of these folks popping in and out of the thread) can complicate it, but why would you want to?

OK, so I set up my 5 sec charts on MT4, screen shot below, and bank levels for easy ID on the fly- that's all I really wanted on the charts. Took a long position 1.2208/requoted twice, then in at .18 and NO SL < 5 pips from price( I wanted 4 pips max). Took trade ANYWAY, stopped out at -5pips( at.13), and could see CLEAR as day that if I'd got in at .08 ( spread about <1 pip) I would have targeted each next level( in aqua) on charts, moving stop up behind it to lock in pips to previous levels along the way. By the way I have defined it, I would have been stopped out just a moment ago at 1.2320 ( UP + 112 pips in < 1 hour. Unbelievable. More about the price movement intra-levels later- keep your eye on them though, and you'll get what I am referring to as you study PA even more.

I am faced with a decision, A)either give up my resistance to getting off MT4 which I know and love or B)trading here and getting a Windows (yuck) computer up and running again or C) moving somewhere else. I was intending to use this as a base in the future., as my dream car is not a car, rather a 56' Lagoon Catamaran-> http://www.lagoon560.com/index_uk.php
and this is great to based here, sailing, and checking in via the server based in Chicago.

Underneath it all- I cannot afford, as you see why, to not do something drastic here, with regards to my future, as today's win...EPIC, as Tony would've called it, would NEVER have gotten away. Any thought's would be much appreciated from any of the "regulars" on this thread. Thanks