Central Banks & Big Players | Page 186 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How do you know all the positions held by big players? 25 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Central Banks and Big Players: Slight change in code reqd 7 replies

Japanese housewives are wrecking the forecasts of big players! 25 replies

Big players and Forex 4 replies

Attachments: Central Banks & Big Players
Exit Attachments

Central Banks & Big Players

  • #3,701
  • Jul 30, 2010 7:13am Jul 30, 2010 7:13am
Quoting DanUK
F*** me I missed it again!!!!

Did anyone trade NY?
yes, but you just missed a 0SL...
meine augen sind die sterne
  • #3,702
  • Jul 30, 2010 7:17am Jul 30, 2010 7:17am
Quoting aserbfx
yes, but you just missed a 0SL...
I've got to get more focused!
  • #3,703
  • Jul 30, 2010 7:17am Jul 30, 2010 7:17am
oh well this time i too missed it. i was at euston trying to connect to wifi.. looks like we didnt miss much.

Quoting DanUK
F*** me I missed it again!!!!

Did anyone trade NY?
  • #3,704
  • Jul 30, 2010 7:19am Jul 30, 2010 7:19am
yes, thats already happening going by some of the posts here.

Quoting Tschim
90% don't stick with the plan, latest if they loose many times in a row.
Then they "adjust" something.
For exampel: Not the first but the second candle, not 5 but 10 sec candle, trading the opposite of the first candle and so on....)

So they always "optimize" the system to the last few trades.
.
  • #3,705
  • Jul 30, 2010 7:22am Jul 30, 2010 7:22am
Shorted NYO and got -2 pip.
  • #3,706
  • Jul 30, 2010 7:28am Jul 30, 2010 7:28am
Quoting coolshades
oh well this time i too missed it. i was at euston trying to connect to wifi.. looks like we didnt miss much.
Funnily enough I was actually cracking open a bottle of champagne! A little tradition we have at work on Fridays!

I shall endeavour to be more focused next week!
  • #3,707
  • Jul 30, 2010 7:34am Jul 30, 2010 7:34am
Hey guys, I´m posting here some results from forward testing and its really nice ;-)
Attached File(s)
File Type: pdf Data.pdf   140 KB | 1,019 downloads
File Type: pdf Results&Stats.pdf   52 KB | 1,011 downloads
  • #3,708
  • Jul 30, 2010 7:52am Jul 30, 2010 7:52am
Quoting placa
Hey guys, I´m posting here some results from forward testing and its really nice ;-)

Thanks that looks good...now

To obtain those results how did you trade

twice a day ?
How do you enter ?
Your time frame of chart ?
How do you move your SL ?
What is your TP ?

This together with your findings will give a good overall summery

Cheers

Paulus
  • #3,709
  • Jul 30, 2010 8:18am Jul 30, 2010 8:18am
Tony thanks so much for sharing your system. Tony I will like to ask if you could post all your trading strategies. That is those that were previously existing in the thread. While this one is so much better, i think others where also relatively low risk strategies that made money for you. For eg You mention using the 8 pips candle today some of the newcomers like me would also want to have a hang of the strategy as well as your news base strategies. Also Trading only the eur/usd is it only based on the low spread it offers? eur/gbp (0.5) offers less spread on some brokers and has less noise and whipsaws than the euro for eg, is it worth a try? Is there also a news trading strategy that was previously on offer here with low risk too? I think posting such strategy and thier rules to the first page would be nice. Thanks again for your time and sharing.
  • #3,710
  • Jul 30, 2010 8:24am Jul 30, 2010 8:24am
Quoting DanUK
Funnily enough I was actually cracking open a bottle of champagne! A little tradition we have at work on Fridays!

I shall endeavour to be more focused next week!
Dan you stoped posting to your intra day thread. Have you given up on the experiment already? Would be nice if you post on your thread when you have the time. I Love the simplicity. Thanks for sharing.
  • #3,711
  • Jul 30, 2010 9:43am Jul 30, 2010 9:43am
Quoting placa
Hey guys, I´m posting here some results from forward testing and its really nice ;-)
Are you trading manual or auto?
the time seems to be different. you using your own system?
  • #3,712
  • Jul 30, 2010 9:43am Jul 30, 2010 9:43am
Quoting Naijapipholi
Dan you stoped posting to your intra day thread. Have you given up on the experiment already? Would be nice if you post on your thread when you have the time. I Love the simplicity. Thanks for sharing.
No I am still trading the Central Banks system but I am not currently doing any other 15M trading... too busy at work at the moment. I am doing a similar thing on H4 charts though and I shall try and get back into posting from next week.

Regards,

Dan
  • #3,713
  • Edited 12:07pm Jul 30, 2010 11:54am | Edited 12:07pm
Guys I cannot beleive what happened at London open... we MISSED IT BY 2 PIPS! 0SL ! OH WELL we will hopefully have a better week to come. With good money management, you guys should not have lost a lot this week. Please keep in mind that we will trade only London and NY resulting in 10 entries per week only
Also keep in mind that a least half of the 10 entries would normally be 0SL. This means that a TOTAL FAIL WEEK, or NO WIN week should have a maximum drawdown of about 5% on your account only. :nerd:
Invest in alarm clocks
  • #3,714
  • Jul 30, 2010 12:44pm Jul 30, 2010 12:44pm
Hi Paulus!

This is completely Tony´s strategy - 5s chart, 7-8 pips candle, I move SL to 0 when market is about 6 and more pips away, London and NY open till close, GBPUSD, EURUSD. My PT is basically 100 pips when I jump to the position but these days is more personally (because of low volatility). So Im looking to S/R lines(M1,M5) and when I think that trend is ending Im going out. Thats why I´ve got there a MFE (Maximum Favorable Excursion) data which show me optimal PT to the future.
Will be better if most of us post here similar results!

Regards

Quoting Paulus
Thanks that looks good...now

To obtain those results how did you trade

twice a day ?
How do you enter ?
Your time frame of chart ?
How do you move your SL ?
What is your TP ?

This together with your findings will give a good overall summery

Cheers

Paulus
  • #3,715
  • Jul 30, 2010 12:49pm Jul 30, 2010 12:49pm
Hi aeonia!

Im trading manual and using Tony´s beautiful strategy. And give it a lot of time :-)


Quoting aeonia
Are you trading manual or auto?
the time seems to be different. you using your own system?
  • #3,716
  • Jul 30, 2010 3:13pm Jul 30, 2010 3:13pm
this week should be a loss for all of us?!

@ Paulus

I read lots of good comments from you here on ff and am happy to see you here as this is a proof this strategy is good. how are your results so far?
  • #3,717
  • Jul 30, 2010 4:23pm Jul 30, 2010 4:23pm
Quoting hiiqtrading
this week should be a loss for all of us?!

@ Paulus

I read lots of good comments from you here on ff and am happy to see you here as this is a proof this strategy is good. how are your results so far?
I must confess I'm not trading it although I quite like the idea of taking a trade and at +2 bring stop to break even but then going for only 15 or 20 pips with a stop loss from the start of 2 pips with spread this will be 3..trouble is you need triggers at the moment you guys use 2 with a potential of going several trades..or days .... at break even I would want several trades a day
I would like a sequence of say 10 break even,5 losers 5 winners..

I will look at 0 and 00 levels next week this can give several triggers a day

P
  • #3,718
  • Jul 30, 2010 5:42pm Jul 30, 2010 5:42pm
Quoting hiiqtrading
this week should be a loss for all of us?!

@ Paulus

I read lots of good comments from you here on ff and am happy to see you here as this is a proof this strategy is good. how are your results so far?

if you were a bit loose on your SL yesterday at London you could be in true profit my friend$$$$$$$
Invest in alarm clocks
  • #3,719
  • Jul 30, 2010 9:23pm Jul 30, 2010 9:23pm
Next week's plan:

- 10 entries will be made only (NY and London x5)
- no support and resistance trades will be made
- no big 5 seconds candles will trades will be made
- all entries will have a min of 100 pips TP
- all entries will be posted (10)

the week will be filled with new wonderful opportunities ! On a positive vibe see ya on Monday's London open Have a nice week-end. No party for me tonight, I'm relaxing.
Invest in alarm clocks
  • #3,720
  • Jul 30, 2010 9:35pm Jul 30, 2010 9:35pm
next week will finish with an entry on NY open just before

8:30am USD Non-Farm Employment Change
http://cdn.forexfactory.com/images/m...dar_detail.gif

-75K -125K
http://cdn.forexfactory.com/images/misc/viewchart.gif
so exciting!
Invest in alarm clocks
10 traders viewing now