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Central Banks & Big Players

  • #3,941
  • Aug 5, 2010 4:30am Aug 5, 2010 4:30am
Quoting coolshades
commander and i follow 100 point exit. both of us have posted about this .
and you have to obey the commander, right!
meine augen sind die sterne
  • #3,942
  • Aug 5, 2010 4:31am Aug 5, 2010 4:31am
Quoting coolshades
commander and i follow 100 point exit. both of us have posted about this .
Congratulations. As I said, for me the most difficult is to set a TP and not move the SL when movement is in your favour.......
  • #3,943
  • Aug 5, 2010 4:39am Aug 5, 2010 4:39am
Quoting aserbfx
and you have to obey the dance commander, right!
You better do!
  • #3,944
  • Edited 4:56am Aug 5, 2010 4:50am | Edited 4:56am
Hi Coolshades,

Yes Iam using O**nda, If you go to the tools tab, personal preferances, and select the tab marked trading, you can set the parameters for your trade. mine is TP =100 pips, SL = 1.5 pips, and the unit size I have set to 20,000. (this equals 2 pips.) the other settings I have not changed.

Hope this helps,

Regards - JoelD
  • #3,945
  • Aug 5, 2010 4:53am Aug 5, 2010 4:53am
will explore this but how does a 1.5 pip s/l equate to 2 pip sl for 20k order size?

Quoting JoelD
Hi Coolshades,

Yes Iam using O**nda, If you go to the tools tab and select the tab marked trading, you can set the parameters for your trade. mine is TP =100 pips, SL = 1.5 pips, and the unit size I have set to 20,000. (this equals 2 pips.) the other settings I have not changed.

Hope this helps,

Regards - JoelD
  • #3,946
  • Aug 5, 2010 4:55am Aug 5, 2010 4:55am
goes without saying. the only thing i will not do in following him is walking over hot coals. i am not into pain.

Quoting aserbfx
and you have to obey the commander, right!
  • #3,947
  • Aug 5, 2010 4:58am Aug 5, 2010 4:58am
Quoting JoelD
Hi Coolshades,

Yes Iam using O**nda, If you go to the tools tab, personal preferances, and select the tab marked trading, you can set the parameters for your trade. mine is TP =100 pips, SL = 1.5 pips, and the unit size I have set to 20,000. (this equals 2 pips.) the other settings I have not changed.

Hope this helps,

Regards - JoelD
Does that 1.5 include spread then?
  • #3,948
  • Aug 5, 2010 7:01am Aug 5, 2010 7:01am
There's that anemic price action....

EDIT: Ouch...that's long and out at -2 then eh?
  • #3,949
  • Aug 5, 2010 7:02am Aug 5, 2010 7:02am
-2 on a long. off for lunch.
  • #3,950
  • Aug 5, 2010 7:02am Aug 5, 2010 7:02am
-2.6 on NYO long
  • #3,951
  • Aug 5, 2010 7:02am Aug 5, 2010 7:02am
-2
  • #3,952
  • Aug 5, 2010 7:05am Aug 5, 2010 7:05am
-2.1 for me to be precise.

commander, a trick you might want to try out if the trade gives you time, is to manually change the sl to 2 pips based on the price button and not the pips button.

i find this reduces the slippage drastically. however it does require the trade giving you time as in today.

Quoting DanUK
-2.6 on NYO long
  • #3,953
  • Aug 5, 2010 7:08am Aug 5, 2010 7:08am
Long, -2 and out
  • #3,954
  • Aug 5, 2010 9:00am Aug 5, 2010 9:00am
Quote
-2.1 for me to be precise.

commander, a trick you might want to try out if the trade gives you time, is to manually change the sl to 2 pips based on the price button and not the pips button.

i find this reduces the slippage drastically. however it does require the trade giving you time as in today.

Are you maybe talking about Oanda ? Because if you set your SL per the pips button you will set the SL according to the price you have right at this moment, I hope you know that ?
  • #3,955
  • Aug 5, 2010 5:49pm Aug 5, 2010 5:49pm
ready for our last 2 shots at London and NY on Friday? let's be positive
they will influence on how my friday will look like friday night lol
Invest in alarm clocks
  • #3,956
  • Aug 5, 2010 6:03pm Aug 5, 2010 6:03pm
Was up over 100 pips last night now OSL hit.
  • #3,957
  • Aug 5, 2010 7:24pm Aug 5, 2010 7:24pm
I think I would have taken the 100 pips and re-entered on london open. What'd you do Tony? Take the 0sl hit?
  • #3,958
  • Aug 5, 2010 9:37pm Aug 5, 2010 9:37pm
Quoting Leviathan
I think I would have taken the 100 pips and re-entered on london open. What'd you do Tony? Take the 0sl hit?
yes, Tony took 0sl since he was going for 140 pips or 0sl
  • #3,959
  • Aug 6, 2010 1:51am Aug 6, 2010 1:51am
ready for disco balls ?
  • #3,960
  • Aug 6, 2010 1:59am Aug 6, 2010 1:59am
Quoting Tzar
ready for disco balls ?
yes...ready for disco balls
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