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Central Banks & Big Players

  • #4,141
  • Aug 16, 2010 2:05am Aug 16, 2010 2:05am
Long out at BE
  • #4,142
  • Aug 16, 2010 2:08am Aug 16, 2010 2:08am
Long -2 London Open
  • #4,143
  • Aug 16, 2010 2:23am Aug 16, 2010 2:23am
-2 London...
  • #4,144
  • Aug 17, 2010 2:06am Aug 17, 2010 2:06am
fail
Attached Image (click to enlarge)
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Invest in alarm clocks
  • #4,145
  • Aug 17, 2010 2:23am Aug 17, 2010 2:23am
Hi Tony!

Do u feel that low volatility on Euro? Im looking forward to September! $$$
  • #4,146
  • Aug 17, 2010 5:11am Aug 17, 2010 5:11am
we got cheated on initial reaction this few days.
  • #4,147
  • Aug 17, 2010 5:27am Aug 17, 2010 5:27am
Absolutely agree :-(

Quoting aeonia
we got cheated on initial reaction this few days.
  • #4,148
  • Aug 17, 2010 8:27am Aug 17, 2010 8:27am
Do you really think that trading is so easy? Every day at certain time the EURUSD should have the same behavior. This system is not so bad but you have to add additional filters. Don't trade at exactly the same times every day. Be more flexible. Usually a false move starts between Frankfurt and London open. Look for entries at support or resistance.
I also try to trade with the big guys, but for me it is easier to see when the price move is exhausted, rather then when it starts. You can see my trades from today. My time zone is GMT+3.
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  • #4,149
  • Aug 17, 2010 8:51am Aug 17, 2010 8:51am
if there is much many sl hits on "initial market direction" why not to trade against initial market direction?
just a thought
  • #4,150
  • Aug 17, 2010 10:17am Aug 17, 2010 10:17am
IT IS.

it is the psychology that lets you down. the majority of those who jumped onto this bandwagon now, i am sure, are looking at other systems and will come back at the next epic win!


Quoting srmfx
Do you really think that trading is so easy? .
  • #4,151
  • Aug 17, 2010 11:53am Aug 17, 2010 11:53am
Quoting coolshades
IT IS.

it is the psychology that lets you down. the majority of those who jumped onto this bandwagon now, i am sure, are looking at other systems and will come back at the next epic win!

which is coming soon....
Invest in alarm clocks
  • #4,152
  • Aug 18, 2010 1:10am Aug 18, 2010 1:10am
Quoting jmaster
if there is much many sl hits on "initial market direction" why not to trade against initial market direction?
just a thought
it's not the initial direction of the market that makes you lose. it's the indecision of the market, the spread of the broker, and slippage.

it doesn't matter which way you trade if the market is being difficult, which it has been recently.
  • #4,153
  • Aug 18, 2010 2:08am Aug 18, 2010 2:08am
out at BE

short
  • #4,154
  • Aug 18, 2010 2:09am Aug 18, 2010 2:09am
LDN open -2, I have been doing this for 1 month now, and the first trade was a 100pip winner, I now am still up that same 100 pips. You will eventually win doing this!

Patience,

Best - JoelD
  • #4,155
  • Aug 18, 2010 2:17am Aug 18, 2010 2:17am
Quoting JoelD
LDN open -2, I have been doing this for 1 month now, and the first trade was a 100pip winner, I now am still up that same 100 pips. You will eventually win doing this!

Patience,

Best - JoelD
so joe your account are back to be right now?
  • #4,156
  • Edited 2:33am Aug 18, 2010 2:19am | Edited 2:33am
splitted the entry (sometimes it just forms the wick of the 1hour candle and then it goes off), both stopped out.

Tony, how much success did you experience more often, with the london or with the ny open?
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  • #4,157
  • Aug 18, 2010 2:27am Aug 18, 2010 2:27am
BE
  • #4,158
  • Aug 18, 2010 2:36am Aug 18, 2010 2:36am
Quoting calvk81
so joe your account are back to be right now?
Yes, actually I am still up the 100 pips that I won on my first trade.

To maintain this, I have been moving my SL when ever possible to BE +2 0R 3 pips. Other than that, I just follow Tony's page 1 instructions.

Regards - JoelD
  • #4,159
  • Aug 18, 2010 6:57am Aug 18, 2010 6:57am
Quoting JoelD
Yes, actually I am still up the 100 pips that I won on my first trade.

To maintain this, I have been moving my SL when ever possible to BE +2 0R 3 pips. Other than that, I just follow Tony's page 1 instructions.

Regards - JoelD
thanks joelD
  • #4,160
  • Aug 18, 2010 7:04am Aug 18, 2010 7:04am
Long out BE..
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