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  • #3,101
  • Jul 21, 2010 12:30am Jul 21, 2010 12:30am
Good morning Tony.

Sorry for my mistake. So we enter on the first 5s candle, no matter pips?
  • #3,102
  • Jul 21, 2010 12:34am Jul 21, 2010 12:34am
Quoting Caillou
Good morning Tony.

Sorry for my mistake. So we enter on the first 5s candle, no matter pips?

I enter on the first pip traced on a open, if the price goes less then 1 pip and reverses, I would not enter at less than 1 pip
Invest in alarm clocks
  • #3,103
  • Jul 21, 2010 12:39am Jul 21, 2010 12:39am
Gracias Tony
  • #3,104
  • Jul 21, 2010 1:12am Jul 21, 2010 1:12am
frankfurt was -2
  • #3,105
  • Jul 21, 2010 1:33am Jul 21, 2010 1:33am
floating 20+..Frankfurt open
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  • #3,106
  • Jul 21, 2010 1:35am Jul 21, 2010 1:35am
is this 1minute opening bar high entry?

because first movement went short, just wondering?
  • #3,107
  • Jul 21, 2010 1:37am Jul 21, 2010 1:37am
i trade the 1 min...4 pip stop,,,,always,,,,,
  • #3,108
  • Jul 21, 2010 1:52am Jul 21, 2010 1:52am
i'm confused again

i thought we gave up fraknfurt open?
  • #3,109
  • Jul 21, 2010 2:01am Jul 21, 2010 2:01am
Oh well -1
  • #3,110
  • Jul 21, 2010 2:02am Jul 21, 2010 2:02am
no momentum...
  • #3,111
  • Jul 21, 2010 2:06am Jul 21, 2010 2:06am
-2, no momentum, letīs wait NY open.....
  • #3,112
  • Jul 21, 2010 2:15am Jul 21, 2010 2:15am
guys, just so i am on the same page, we were long right?which got stopped out?

the 1st 5 sec candle was less than a pip and second one was more than a pip and long..hence long.
  • #3,113
  • Jul 21, 2010 2:16am Jul 21, 2010 2:16am
Quoting coolshades
guys, just so i am on the same page, we were long right?which got stopped out?

the 1st 5 sec candle was less than a pip and second one was more than a pip and long..hence long.
That's what I did!
  • #3,114
  • Jul 21, 2010 2:16am Jul 21, 2010 2:16am
yes, we were long and yes we were all stopped out.
  • #3,115
  • Jul 21, 2010 2:16am Jul 21, 2010 2:16am
Quoting coolshades
guys, just so i am on the same page, we were long right?which got stopped out?

the 1st 5 sec candle was less than a pip and second one was more than a pip and long..hence long.
i am still long. but i usually start with a bigger sl (8pips) and now moved sl to break even.
meine augen sind die sterne
  • #3,116
  • Jul 21, 2010 2:19am Jul 21, 2010 2:19am
Quoting aserbfx
i am still long. but i usually start with a bigger sl (8pips) and now moved sl to break even.

mmmmm.....8 pips.......not bad.....
  • #3,117
  • Jul 21, 2010 3:08am Jul 21, 2010 3:08am
Quoting Caillou
mmmmm.....8 pips.......not bad.....
i don't know ... but got stopped out at BE as well.
meine augen sind die sterne
  • #3,118
  • Jul 21, 2010 4:09am Jul 21, 2010 4:09am
You could just as easily have been stopped out for 8 pips too. Depending on how many lots you put in, that's a scary prospect given this strategy's intended application.

Sadly, my first trade using this was -3 due to slippage, Would have liked to BE on my first try if nothing else. Ah well. Maybe 8am will be nice to me.
  • #3,119
  • Jul 21, 2010 4:23am Jul 21, 2010 4:23am
Yes, but 8 pips allows the movement a bit of breath....
  • #3,120
  • Jul 21, 2010 4:27am Jul 21, 2010 4:27am
Quoting Pip Rage
yes, we were long and yes we were all stopped out.
Quick question for Oanda users - how much did you get stopped out by? Me and a couple of others have found occasional slippage with stops - for instance today I should have been out for -2 but I was actually out -3.

Anyone else experience this with Oanda? Any way around it or is it just an inherent risk with this type of trading?

Cheers,

Dan
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