Central Banks & Big Players

Been watching this thread for a couple month...

Guys you wont get an update ..

Nothing against tony he is doin what he does best trade the system but he hasnt any extra rules he is keeping things active by the carrot and stick method.

I dont wish to be cruel or misleading Tony posts his best signals and trades ask for the losing trades and amounts gained overall

10 losers at 3 pips for a 60 pips winner ... work it out you may get the occasional 140 but its rare.

Sorry guys

paulus

I wouldn't have taken the trade, it's hard to make pips a holiday.

Well, I opened an Oanda practice account to see the 5-sec charts and setup Oneclicker for my MT4 account. (it's a MT4 expert for one click buy/sells and MT4 doesn't need to be maximized, it can be kept minimized)

So when the 8pip 5sec candle happens on Oanda I just click the buy or sell on oneclicker and watch it go.

Just an idea for you guys on MT4. I haven't seen an 8pip candle yet however.



Brady

Hi savoybc if it is posible, could you share that ea in this thread, please? or where can I to achieve it? It is because I have a MT4 account too and I would try this system. Thank you.

Hello, you can get this EA from this thread. It was in the commercial forum, in the under evaluation section. Works good for me. Make sure you understand how it works and try it on demo first.

http://www.forexfactory.com/showthread.php?t=237102

Edit/Disclaimer: My broker's Mt4 prices match Oanda's price and execution is fast so that is why I decided to use the MT4 account. Otherwise I would have just opened an Oanda live account... just for the record. If you are using a Market Maker you might not get a good entry.

While there's some suspicious silence in the thread, I'm throwing in 2 pics of today's market openings. 6E (EURUSD) looks not so good (choppy), and I was stopped out twice (on demo). But 6B (GBPUSD) works out London open surprisingly nice, closed out in two portions on +10 pp and +40 pp approx. (need more patience to let profit go).

Two vertical lines (08:00 and 09:00) are Frankfurt and London opening respectively, horizontal lines are just for info (100's and 50's marks).

GBPUSD made 100 pips (from 1.5200 to 1.5100) down move after London open. I wish I could know that.

Risking 2% of account with 5 pips SL makes 40% of return in one deal (on hindsight, err). Niiiiiiice.

Did it again!

Euro made two rather clear (in hindsight, again) moves up and down. I was stopped out on FF open - thought it would bounce off of 1.5700 level, but it didn't. The London open was a down rally, I've missed the entry point.

Pound was choppy on FF, made an up move on London exactly to 1.5200 level. I went short, but was stooped out on BE (will be better to sell from 1.5200 exactly).

Any comments, mates?
Where are you, Tony112 and BabeFX?

once again, I couldn't resist, took 98 pips

Good job guys! I've been watching and can't seem to get big enough candles to validate an entry.

I entered on a small candle but near London Open...

hi tony

but i entered the eur/usd short trade captured 60 pips ....1.2672

Hi Tony and everyone,
I trust you are all well, the eur/usd, great fun recently with this pair, looking forward to the open and Tony's tall ones. Following a big pullback, it looks to me that we will see a BIG up to 1.300 area racing to 60% fib and who knows maybe onward to 100% and then the big drop if not before.
See you at the opens.

get ready for a new week full of posts

...and promised updates !

hrmmm, works every now and then, but mostly doesn't and even with the eventual high pay off, a very risky/stressful way to trade in my humble opinion, I thought it might be an alternative to my current strategy, waiting for certain high probability setups but having to be at my computer all night (im a full time trader) ..but the stress induced by the technique from the immense number of stop outs, low number of actual setups per week and fact i would still need to be ready to pounce within 5 secs for 4 hours per day AND the varied success of the open entry strategy... i think im out of here guys.

Frankfurt Fail

London coming up

i do have one question left for you Tony, how much % wise do you risk per trade?

between 0.5% and 1.5%

once 0SL is on I will lose 0%