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Central Banks & Big Players

  • #3,581
  • Jul 29, 2010 2:13am Jul 29, 2010 2:13am
Quoting Pip Rage
Stopped out at BE for the 11th time in a row.

When was the last time anyone actually made some money from this?

By my reckoning, it would be monday last week.
I'm still in at the moment - but don't forget you are only likely to get one, maybe two at best, big 100+ pip winners per month. Even then this would still be a very profitable system.

Regards,

Dan
  • #3,582
  • Jul 29, 2010 2:14am Jul 29, 2010 2:14am
i think this session will take it to 1.3100
Invest in alarm clocks
  • #3,583
  • Jul 29, 2010 2:14am Jul 29, 2010 2:14am
Long @1.30308 and stopped out 0SL
  • #3,584
  • Jul 29, 2010 2:15am Jul 29, 2010 2:15am
if we pass 1.3150 we're good to go
Invest in alarm clocks
  • #3,585
  • Jul 29, 2010 2:16am Jul 29, 2010 2:16am
buy EUR/USD
Invest in alarm clocks
  • #3,586
  • Jul 29, 2010 2:16am Jul 29, 2010 2:16am
looks like I'm going for some cheeseburgers
Invest in alarm clocks
  • #3,587
  • Jul 29, 2010 2:17am Jul 29, 2010 2:17am
it's too bullish, come on , you can't tell me this will crash again come on
Invest in alarm clocks
  • #3,588
  • Jul 29, 2010 2:19am Jul 29, 2010 2:19am
i might have to step away from this screen
Invest in alarm clocks
  • #3,589
  • Jul 29, 2010 2:19am Jul 29, 2010 2:19am
Quoting Pip Rage
Stopped out at BE for the 11th time in a row.

When was the last time anyone actually made some money from this?

By my reckoning, it would be monday last week.
I made money this Monday, so I am still up for the week, and last week for that matter. Today however was a clear signal that Metatrader is not the best platform for this, I lost 5 pips on FFT & 5 on London open, 1.6 spread + 2 pips SL + slippage, I am going to give GFT a go, because for me in Europe transfer fees back and forth to USA add up.
  • #3,590
  • Jul 29, 2010 2:20am Jul 29, 2010 2:20am
I HATE the euro ! and the 1.30..
  • #3,591
  • Jul 29, 2010 2:21am Jul 29, 2010 2:21am
how did the folks get stopped out, those who had entries at 3030 ish? by my oanda charts, the price has not reached that yet, even if you moved to b/e
  • #3,592
  • Jul 29, 2010 2:21am Jul 29, 2010 2:21am
Quoting hiiqtrading
I HATE the euro ! and the 1.30..

only this week
Invest in alarm clocks
  • #3,593
  • Jul 29, 2010 2:22am Jul 29, 2010 2:22am
Quoting coolshades
how did the folks get stopped out, those who had entries at 3030 ish? by my oanda charts, the price has not reached that yet, even if you moved to b/e

true
Invest in alarm clocks
  • #3,594
  • Jul 29, 2010 2:23am Jul 29, 2010 2:23am
Quoting DanUK
I'm still in at the moment - but don't forget you are only likely to get one, maybe two at best, big 100+ pip winners per month. Even then this would still be a very profitable system.

Regards,

Dan
I get the concept. Also relieved that everone else is in the same boat as me(being shaken out constantly). I love the micro-exposure inherant in this method. A good friend of mine uses a very similar method but he watches the 5 sec candles for hours.
If Tony's method works longterm, its a godsend in terms of return per minute. I'm not going trade this 11 times and then give up. I haven't actually LOST anything so far which is a positive in itself.
In the mean time, its a waiting game. (which is a metaphor trading in general).
  • #3,595
  • Jul 29, 2010 2:26am Jul 29, 2010 2:26am
Quoting coolshades
how did the folks get stopped out, those who had entries at 3030 ish? by my oanda charts, the price has not reached that yet, even if you moved to b/e
I'am not comfortable with the Platform yet and so i make some errors in use it. So i didnt get the best price when i pull the trigger.

I need more pratice.
  • #3,596
  • Jul 29, 2010 2:26am Jul 29, 2010 2:26am
Damn... stopped out +2
  • #3,597
  • Jul 29, 2010 2:26am Jul 29, 2010 2:26am
Quoting coolshades
how did the folks get stopped out, those who had entries at 3030 ish? by my oanda charts, the price has not reached that yet, even if you moved to b/e
on alpari my entry was 1.30314. i start with 5SL and then move to 0SL.
was stopped out at 0SL.
meine augen sind die sterne
  • #3,598
  • Jul 29, 2010 2:27am Jul 29, 2010 2:27am
Stopped out at BE, agaaaaaaaaaaaaaaaaaaaaaaaaainnn
  • #3,599
  • Jul 29, 2010 2:29am Jul 29, 2010 2:29am
Quoting Caillou
Stopped out at BE, agaaaaaaaaaaaaaaaaaaaaaaaaainnn
These past few days have been CRAPPY with the Euro. Chop chop chop.
  • #3,600
  • Jul 29, 2010 2:33am Jul 29, 2010 2:33am
Quoting Beta4x
These past few days have been CRAPPY with the Euro. Chop chop chop.
Yes, itīd be better to be on holidays.......
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