Central Banks & Big Players

Ldn, Stopped out +3

we have some news at 2:55AM (CST), it's medium but it may add some volatility.

i want to see what this will do

http://cdn.forexfactory.com/images/m...dar_upnext.gif 3:55am EUR German Unemployment Change

I'm not expecting much.

except if they make that resistance break, we've seen this numerous times

Who knows. I've had a BAD week.

Good luck with NY - who knows maybe we will break hard and the NY open will be the cause of it giving many pips

as soon as eur/usd hits 1.3100 it will immediatly retrace down, you guys can get 2 pips back from it for next ny or london entry

-2

us open

-2 pips

Don´t trade, 3 min without direction.....

-1 pip on NY long

0SL
because i was talking on the phone and missed...

OSL again

hey guys, why dont you trade the minor support/resistance after break..this could avoid some unneccessary losses...

NY open, -2 pips

That's good.

Hi people,

to calm you a bit down: the system works quite well on london and ny open.
Of course i also tried it on every minute for about 30 minutes .
If you trade more often than these two times, this will happen:
You have lot's of beginnings of minutes where you won't stop out (about every 4th minutes (25%) BUT the big problem is: the move afterwards maybe 10 pips or less.(and then return)
That's the problem.

I give you a hint: Forex is choppy or trending in very hard ways.
Just look at a 1 minute chart and watch the minutes (+entry, no stopping out) where you got more than 50 pips out of a trade...

Conclusion: Stick to the best probabilities: London and NY open...

Greets Jack

Loading........

Someone have a screenshot history of previous US&UK open in 5 sec chart ?

Can be great to analyze price movement.. I already have all screen on this thread but some more can be helpfull

thx

Tony, you stopped to trade GBP/USD because of the spread only ? You made nice trade on it