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  • #604,821
  • Mar 6, 2012 6:48pm Mar 6, 2012 6:48pm
i have a question
on the AUD GDP news i had a sell stop and buy stop around 11pips up and 11 pips down.As soon as the news came in it went down 50 pips however my sell stop kept going down as well and only managed to make 400 dollars.Is this because of these greedy brokers who increases the spreads as soon as the news comes in.

btw i was i had a buy stop and sell stop with a 10.00 lot.
  • #604,822
  • Mar 6, 2012 6:50pm Mar 6, 2012 6:50pm
Quoting Cruci
yo mohan, let me ask you a question are you a full time trader, if so what do you to get good sleep man?
sleep after London close (6~ 7h) and before London open (1~2h)


Quoting Cruci
.Is this because of these greedy brokers who increases the spreads as soon as the news comes in.

btw i was i had a buy stop and sell stop with a 10.00 lot.
stop order are market order , it will be exuded on available market price some times miles away
Mohan
  • #604,823
  • Mar 6, 2012 6:52pm Mar 6, 2012 6:52pm
Quoting Cruci
yo mohan, let me ask you a question are you a full time trader, if so what do you to get good sleep man?
that's what you have weekends and holidays for, I assume.
  • #604,824
  • Mar 6, 2012 6:58pm Mar 6, 2012 6:58pm
Quote
stop order are market order , it will be exuded on available market price some times miles away
why do they do that man, thats not fair i could have made 5k on this news but only managed to get 400 bucks and i was very lucky i did not lose anything.
So in conclusion, theres is really no strategy playing high impact news if the buy stop or sell stop will be activated miles away from were you previously placed it at.You'll have to place a buy or sell before the news comes in.WOW thats messed up, theres no way around the system lol
  • #604,825
  • Mar 6, 2012 7:00pm Mar 6, 2012 7:00pm
kiwi, anybody shorting or adding to a short at 0522-0524?
  • #604,826
  • Mar 6, 2012 7:03pm Mar 6, 2012 7:03pm
finally weekly open resistant taken , now 32


edit: after long time Asian Bull playing in green grass , can it jump ?
Mohan
  • #604,827
  • Mar 6, 2012 7:07pm Mar 6, 2012 7:07pm
Quoting KiwiTrada
adding

2nd scalp aussie 0570 sl 0580 tp same kiwi
Fills AU
0570 trailing 31 27 banked pb target 0493
0557 trailing 26 23 banked tp open
Fills Kiwi

bbl wtaching kiwiwi and adding
If you are new to Forex? Say Goodbye to your account!!
  • #604,828
  • Mar 6, 2012 7:09pm Mar 6, 2012 7:09pm
Quoting Cruci
why do they do that man, thats not fair i could have made 5k on this news but only managed to get 400 bucks and i was very lucky i did not lose anything.
So in conclusion, theres is really no strategy playing high impact news if the buy stop or sell stop will be activated miles away from were you previously placed it at.You'll have to place a buy or sell before the news comes in.WOW thats messed up, theres no way around the system lol
What I used to do (and occasionally now) is to place a tight (10-15 pip) buy stop and a sell stop above and below the price like 20 minutes before the news. Sometimes works, other times it zigzags and you get 2 losses.
  • #604,829
  • Mar 6, 2012 7:11pm Mar 6, 2012 7:11pm
Quoting KiwiTrada
Fills AU
0570 trailing 31 27 banked pb target 0493
0557 trailing 26 23 banked tp open
Fills Kiwi

bbl wtaching kiwiwi and adding
kiwi has breached 30 channel 50 sma testing just above now, waiting reaction,

could be skyrocket could be fake bo, waiting
If you are new to Forex? Say Goodbye to your account!!
  • #604,830
  • Mar 6, 2012 7:12pm Mar 6, 2012 7:12pm
Quoting Cerber.bf2
What I used to do (and occasionally now) is to place a tight (10-15 pip) buy stop and a sell stop above and below the price like 20 minutes before the news. Sometimes works, other times it zigzags and you get 2 losses.
thats what i did 5min before the news but once the news came in the sell stop kept declining and activated when AUD fell -45pips i was like WTF
  • #604,831
  • Mar 6, 2012 7:13pm Mar 6, 2012 7:13pm
Quoting Cerber.bf2
What I used to do (and occasionally now) is to place a tight (10-15 pip) buy stop and a sell stop above and below the price like 20 minutes before the news. Sometimes works, other times it zigzags and you get 2 losses.
orders filled fist come first base , early placed order have priority
Mohan
  • #604,832
  • Mar 6, 2012 7:15pm Mar 6, 2012 7:15pm
Quoting Cruci
thats what i did 5min before the news but once the news came in the sell stop kept declining and activated when AUD fell -45pips i was like WTF
during intervention it can execute 100's of pip away , have to be careful with stop orders
Mohan
  • #604,833
  • Mar 6, 2012 7:16pm Mar 6, 2012 7:16pm
Quoting mohan76
orders filled fist come first base , early placed order have priority
thats kind of dumb how brokers work but W/E if it were that easy everyone would be doing it.I sent them an email, lets see their answer.
What broker you use mohan?
  • #604,834
  • Mar 6, 2012 7:19pm Mar 6, 2012 7:19pm
Quoting Cruci
thats kind of dumb how brokers work but W/E if it were that easy everyone would be doing it.I sent them an email, lets see their answer.
What broker you use mohan?
you are refusing to accept the fact, broker can't give (execute) price that not available on market .
Mohan
  • #604,835
  • Mar 6, 2012 7:24pm Mar 6, 2012 7:24pm
Quoting mohan76
you are refusing to accept the fact, broker can't give (execute) price that not available on market .
ohh okay i think i understand now.
So how do you play it?
  • #604,836
  • Mar 6, 2012 7:25pm Mar 6, 2012 7:25pm
Quoting Cruci
ohh okay i think i understand now.
So how do you play it?
i see small bull but missed entry on pullback now next level 43/47
Mohan
  • #604,837
  • Mar 6, 2012 7:27pm Mar 6, 2012 7:27pm
scalp sell 3147
Attached Image (click to enlarge)
Click to Enlarge Name: euscalp63.gif Size: 30 KB
  • #604,838
  • Mar 6, 2012 7:27pm Mar 6, 2012 7:27pm
what are thoughts again on where this bull action will go?
  • #604,839
  • Mar 6, 2012 7:29pm Mar 6, 2012 7:29pm
Quoting Patternz
what are thoughts again on where this bull action will go?
Hopefully they had enough of the stop hunting
  • #604,840
  • Mar 6, 2012 7:32pm Mar 6, 2012 7:32pm
Quoting Arhs99
Hopefully they had enough of the stop hunting
stop bit far away (above 72/85) only hope is fresh short sl , if it can manage to print 65 (r 43/47 , 56/58 ) it's have chance


edit : looks some one place bet with bull / short covering
Mohan
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