Central Banks & Big Players

EUR is still without volatility and GBPUSD looks better these days. But the spread...omg

[IMG]file:///C:/Documents%20and%20Settings/Mike/Plocha/fx_8.JPG[/IMG]

i think, if you wait for price to come to wma 165 and then a 2 pip bar (open to close), entering on continuation of that bar would give better results...

LO 0sl

fail

ok, I will try :-)

out at +1

Are you trading now?

banked 100 pips with entry from last week, entered on sharp volatility change, 5 sec chart not saved

Great! Rules still same?

woww 1 year not active in this thread and now the thread growing so fast, the new rules is amazing tony, can't wait to try tomorrow.
Still reading from pages 181, and now 206 already,

Just confirmation, what i got this far, the rules is :
1. First trade Open at LONDON OPEN 8:00:01 EST
OP based on 5 sec candle from 8:00:00 - 8:00:05, if the candle up, we open buy, and vice versa.
(we observe the 5 sec-bar which starts at xx.00.00)
(we wait for another candle direction if the first 5sec candle value is less than < 1 pips)
(at least the candle must have > 1 pips value, because less than 1 pips price is quickly reversed)

2. Second trade Open at NEWYORK OPEN 3:00:01 EST

3. STOP LOSS is 2 pips, include spread. (SL = 1,1 + 0,9)

3. So for 1 day we only OP 2 times, and make the RISK is Only 2 + 2 = 4 pips.

4. We increase the SL from 2 to 0, from what i read, we make the SL=0 when the price hit at least > +5 pips.
(Tony say we moved the SL to 0 as soon as possible)

CMIIW
Thx

Wow, what a simple idea!

Apologies for the intrusion and some basic questions. I have read through many of the pages but am hoping someone can explain the steps in laymen terms.

So....

1. Go LONG or SHORT depending on opening candle (on EUR/USD).

OK.

2. Set STOP LOSS immediately to 2 Pips.

OK. The stop loss is set this tight to follow the simplicity of the system?

3. The STOP LOSS is gradually reduced from 2 pips to 0 (or break even).

Are these trailing losses or stop loss based on entry price?
When is the first (2SL), second (1.5L), third (0.5L) and final stop loss (0SL) moved?
Do you always move it gradually at these increments? Could I move the stop from 2 to 0 pips?

4. You EXIT the trade by STOP LOSS or TARGET PROFIT of 140 pips.

I don't think I understand this bit. Do you simply close out once 140 pips are gained? Or end of day?

Thanks for the help!

It's definitely bad to see lack of activity at this time. There were days when guys here posted 10 pages per day. Where are this days?

Tony, are you still in? Wanna see you disco picture.

Absolutely agree...

system doesn´t work for around 3 to 4 weeks now, therefor the few posts

works pretty well

yea exactly because of MAJOR FAMILY PROBLEMS i don't reply to none these days so the thread slowed down a bit but everything should be back to normal in October or November hopefully - going through a lot of s right now

hope you sort it out good for you and your family. good luck, buddy!

Really? Entry on 4 pips candle?

i have one question to anybody who is trading Tony's strategy: when was the last time, where you got a homerun (100+ pips) directly from the beginning of the opening (1pip bar)?