Attachments: Central Banks & Big Players

Central Banks & Big Players

#8,781
Edited 9:12pm Sep 30, 2013 9:02pm | Edited 9:12pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 7,711 Posts

Breaking update for those you follow the thread!!!! I'm trading 2 additional news this week:

GBP Manufacturing PMI and ECB Press Conference
(12 pip SL) (7 pip SL)

Invest in alarm clocks

#8,782
Sep 30, 2013 9:04pm Sep 30, 2013 9:04pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 7,711 Posts

GBP Manufacturing PMI is upcoming just this morning 4:30!

It's a busier week than what I thought. Good luck.

Invest in alarm clocks

#8,783
Sep 30, 2013 9:53pm Sep 30, 2013 9:53pm

smash1820
Joined Jul 2011 | Status: Winning | 1,859 Posts

Tony,

I don't know how you trade a 5 second chart. What broker is that even with? And do you ever trade outside of news? It seems to me like that's where the real opportunity is.

Please check out my blog at https://from-zero-to-hero . net

#8,784
Sep 30, 2013 11:49pm Sep 30, 2013 11:49pm

laoshi
| Joined May 2012 | Status: Trader | 90 Posts

Quoting smash1820

Disliked

Tony, I don't know how you trade a 5 second chart. What broker is that even with? And do you ever trade outside of news? It seems to me like that's where the real opportunity is.

Ignored

Tony trade with O*nd*

#8,785
Oct 1, 2013 1:33am Oct 1, 2013 1:33am

bigijs
Joined Dec 2009 | Status: Trader | 606 Posts

Yesterday I tried to trade CAD GDP m/m news. Shorted USD/CAD. Spread jumped to 15 pips.
Result -0.7 pip.

My chart:

Attached Image (click to enlarge)

Click to Enlarge

Name: USD-CAD.png
Size: 68 KB

#8,786
Oct 1, 2013 3:36am Oct 1, 2013 3:36am

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 7,711 Posts

Massive (normal) loss

Attached Image (click to enlarge)

Click to Enlarge

Name: Manufacturing PMI3.gif
Size: 13 KB

Invest in alarm clocks

#8,787
Oct 1, 2013 3:53am Oct 1, 2013 3:53am

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 7,711 Posts

Quoting bigijs

Disliked

Yesterday I tried to trade CAD GDP m/m news. Shorted USD/CAD. Spread jumped to 15 pips. Result -0.7 pip. My chart: {image}

Ignored

It seems that this news had a low effect. The spread combined to low effect taints your edge.
Contrarily, my previous news posted demonstrates an edge, even though it was a fail. Everything beyond the red dot is saved profit.

Invest in alarm clocks

#8,788
Oct 1, 2013 4:09am Oct 1, 2013 4:09am

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 7,711 Posts

It seems that there's uncertainty revolving around the NFP announcement this week. It might not be announced on time as scheduled, which is a bad thing. I will still have a trade placed at the previewed time on friday.

Invest in alarm clocks

#8,789
Oct 1, 2013 5:28am Oct 1, 2013 5:28am

Electry
| Joined Jan 2013 | Status: Trader | 76 Posts

Quoting Tony112

Disliked

It seems that there's uncertainty revolving around the NFP announcement this week. It might not be announced on time as scheduled, which is a bad thing. I will still have a trade placed at the previewed time on friday.

Ignored

What's your source of this?

#8,790
Oct 1, 2013 7:02am Oct 1, 2013 7:02am

nightstocher
| Joined Mar 2009 | Status: Trader | 80 Posts

Quoting Tony112

Disliked

{quote} Contrarily, my previous news posted demonstrates an edge, even though it was a fail. Everything beyond the red dot is saved profit.

Ignored

Tony, could you help me understand that statement? Are you referring to limiting the impact of the loss as saved profit?

It's a buy the dip scheme, ya feel me?

#8,791
Oct 1, 2013 12:39pm Oct 1, 2013 12:39pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 7,711 Posts

I pray the Lord very deeply to not let me fall in an difficult gambling spiral again. I'm in front of the 5 sec. chart. It's a bad sign... and tomorrow there is a Press Conference.

Invest in alarm clocks

#8,792
Oct 1, 2013 5:14pm Oct 1, 2013 5:14pm

jay24
| Joined Dec 2012 | Status: Trader | 34 Posts

Quoting Tony112

Disliked

I pray the Lord very deeply to not let me fall in an difficult gambling spiral again. I'm in front of the 5 sec. chart. It's a bad sign... and tomorrow there is a Press Conference.

Ignored

if you want to gamble tony, go to the casino. dont gamble in front of the computer. think of it as covering your modesty from it lol. 5 second chart tempts you to let it all hag out but you know in the long run its not worth it.