Central Banks & Big Players | Page 256 | 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

  • #5,101
  • Dec 30, 2010 8:34pm Dec 30, 2010 8:34pm
Quoting CraigFX
Ummm, What SL and time are you using? All mine closed out early. I see down -13pip since 8am EST open and currently at high of 47 pips.


I use 2 pips SL and 20 pips trailing stop
Don't stop believing
  • #5,102
  • Edited 9:36pm Dec 30, 2010 9:14pm | Edited 9:36pm
Quoting makemillions
I use 2 pips SL and 20 pips trailing stop
Good for you. I see now I had a short anyways. Don't see how you could have survived a 2 pip SL. Do you use the EA or manual trade it? Was your 70 pip floating profit based on multiple lots since it has only gone up 48 pips since the open? Sorry for all the question, lol.
May the pips be with you!
  • #5,103
  • Dec 30, 2010 9:23pm Dec 30, 2010 9:23pm
Quoting makemillions
Hope you folks caught the NY long on the EU, floating 70 pips as of now from 1.3232. This is what this system is all about. Happy New Year to all.
The first two pips at 8:00 moved down on my Oanda platform so I sold and was stopped out shortly after. Was wondering why you went long? thanks
  • #5,104
  • Dec 30, 2010 9:43pm Dec 30, 2010 9:43pm
Quoting makemillions
Hope you folks caught the NY long on the EU, floating 70 pips as of now from 1.3232. This is what this system is all about. Happy New Year to all.
Ok, just figured it out when I looked at your price. That would have been the London open not the New York open. But I was stopped out on that buy also
May the pips be with you!
  • #5,105
  • Dec 30, 2010 10:33pm Dec 30, 2010 10:33pm
I was stopped out on the trades today too. I would like to know how makemillions survived. Probably the reason he's making millions and I'm not.

@MakeMillions: Got any tips for us?
  • #5,106
  • Dec 30, 2010 10:55pm Dec 30, 2010 10:55pm
Quoting makemillions
I use 2 pips SL and 20 pips trailing stop
Do you have Use_BE set to True or False? Maybe that's the key. I see my London trade hit SL at break even.
  • #5,107
  • Dec 31, 2010 12:37am Dec 31, 2010 12:37am
great resistance
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 24.JPG Size: 64 KB
Click to Enlarge Name: 25.JPG Size: 64 KB
Invest in alarm clocks
  • #5,108
  • Dec 31, 2010 5:20am Dec 31, 2010 5:20am
Hi Zen!

Were can I find yr EA would be nice to check it out,

Tanks
Erikskenne
  • #5,109
  • Dec 31, 2010 6:51am Dec 31, 2010 6:51am
Quoting erikskenne
Hi Zen!

Were can I find yr EA would be nice to check it out,

Tanks
Erikskenne
Click the paperclip icon on the top right of the thread, click "hide images" in the new window that opens and you will see the EA...
  • #5,110
  • Dec 31, 2010 10:15pm Dec 31, 2010 10:15pm
Quoting compujock
I was stopped out on the trades today too. I would like to know how makemillions survived. Probably the reason he's making millions and I'm not.

@MakeMillions: Got any tips for us?

I am using the EA and stop out for 20 pips profit, long way to go for a million.
Don't stop believing
  • #5,111
  • Jan 2, 2011 7:15pm Jan 2, 2011 7:15pm
a miraculous 0.9 pip spread is displayed at oanda , it's probably a spread mistake
Invest in alarm clocks
  • #5,112
  • Jan 2, 2011 7:27pm Jan 2, 2011 7:27pm
speads back to 1.5 lol
Invest in alarm clocks
  • #5,113
  • Jan 3, 2011 2:57am Jan 3, 2011 2:57am
Still 1.5... of course, today is an official holiday in most of Europe and Canada, so liquidity is reduced. Let's wait and see what the spread looks like at the London Open tomorrow.
  • #5,114
  • Jan 3, 2011 7:31pm Jan 3, 2011 7:31pm
Tony and thread,
Someone mentioned Advanced Markets FX awhile back. I talked to them tonight and their spread on the E/U right now is .7 compared to Oanda's 1.5. The rep. said the spread is usually between .1 and .5. Their site claims they sometimes even have an inverted (negative) spread on that pair. They do have an extra brokerage fee based on your monthly trading volume however. The rep says you have the choice of paying the fee or pay an adjusted higher spread. I'm going to call them back tomorrow to see what the extra fee or the adjusted spread would be. Also need to ask them what their minimum SL is. I like your strategy and plan to try it on a small account. Good luck in 2011.
  • #5,115
  • Jan 4, 2011 9:55am Jan 4, 2011 9:55am
I have not traded over the holiday, nor will I until most folks get back beginning next week. Tony and all- hope y'all saw a lotta disco balls over Christmas and New Years! In catching up, I was reading the latest posts and was wondering when you might be getting us a lil' info on the pip recovery method? I like to read and test, and the rest of this week in my 'downtime' would be awesome if you have it semi- put together and could share. Anything I can do to help- lemme know! Thanks again bro!
Blessings, Monk E.
  • #5,116
  • Jan 4, 2011 4:05pm Jan 4, 2011 4:05pm
My first two days trying this strategy on New York open resulted in two 0SL's so no harm done so far. I'm hoping I can get to 0SL half the time, and stop out at -2 pips half the time while knowing the epic move will come sooner or later as Tony has shown us in the past. I'm pretty excited about this strategy.
  • #5,117
  • Jan 4, 2011 4:18pm Jan 4, 2011 4:18pm
Quoting Toothman
My first two days trying this strategy on New York open resulted in two 0SL's so no harm done so far. I'm hoping I can get to 0SL half the time, and stop out at -2 pips half the time while knowing the epic move will come sooner or later as Tony has shown us in the past. I'm pretty excited about this strategy.

Toothman, what is your rules for moving your stop loss to 0... thx Max
  • #5,118
  • Jan 4, 2011 4:44pm Jan 4, 2011 4:44pm
Quoting maximus2005
Toothman, what is your rules for moving your stop loss to 0... thx Max
Max,
I've been moving SL to BE at around + 10 pips. How about you?
  • #5,119
  • Jan 4, 2011 5:01pm Jan 4, 2011 5:01pm
Quoting Toothman
Max,
I've been moving SL to BE at around + 10 pips. How about you?

thx toothman for me I was trailing to 1 after +4-5 and 0 when the price is +8-10... Max
  • #5,120
  • Jan 5, 2011 2:04am Jan 5, 2011 2:04am
london:

big fail
7 traders viewing now