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Central Banks & Big Players

  • #9,061
  • Nov 13, 2013 3:48am Nov 13, 2013 3:48am
Quoting Lukaszmiami
I done it this way. {image}

That entry reflects at least 5 years of experience.
Invest in alarm clocks
  • #9,062
  • Nov 13, 2013 3:49am Nov 13, 2013 3:49am
Next week we have 4 nice news. About a dozen pips risked each, should look good.
Invest in alarm clocks
  • #9,063
  • Nov 13, 2013 3:54am Nov 13, 2013 3:54am
Closed at BE.
  • #9,064
  • Nov 13, 2013 3:57am Nov 13, 2013 3:57am
I noticed that sometimes i can spot end of pullback, like on the screena above. But i can't be patient.... I should stick to this setup (my edge) but it is so hard...
  • #9,065
  • Nov 13, 2013 3:58am Nov 13, 2013 3:58am
And ofc. no one can predict price action all the time.
  • #9,066
  • Nov 13, 2013 4:31am Nov 13, 2013 4:31am
fcking psychos
Invest in alarm clocks
  • #9,067
  • Nov 13, 2013 4:33am Nov 13, 2013 4:33am
no comment
Attached Image (click to enlarge)
Click to Enlarge Name: inflationreport.gif Size: 11 KB
Invest in alarm clocks
  • #9,068
  • Nov 13, 2013 4:34am Nov 13, 2013 4:34am
Happy day, I said.....(red is close)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-pro-m1-admiral-markets-as.png Size: 29 KB
  • #9,069
  • Nov 13, 2013 4:35am Nov 13, 2013 4:35am
Quoting 3spak
Happy day, I said.....(red is close) {image}

Good call, always buy
Invest in alarm clocks
  • #9,070
  • Nov 13, 2013 4:39am Nov 13, 2013 4:39am
GBP.USD please break 1,6000....
  • #9,071
  • Nov 13, 2013 4:42am Nov 13, 2013 4:42am
Ok....f%$k it. 20-smth pips is enough for me....
Attached Image (click to enlarge)
Click to Enlarge Name: gbp2.jpg Size: 56 KB
  • #9,072
  • Nov 13, 2013 6:00pm Nov 13, 2013 6:00pm
Good day for tires change today!!!)
Invest in alarm clocks
  • #9,073
  • Nov 13, 2013 6:08pm Nov 13, 2013 6:08pm
done it few days ago safety first
  • #9,074
  • Nov 14, 2013 2:06am Nov 14, 2013 2:06am
USD

Fed Chairperson-Designate Yellen Testifies - Should it be important?
  • #9,075
  • Nov 15, 2013 1:11am Nov 15, 2013 1:11am
Quoting 3spak
USD Fed Chairperson-Designate Yellen Testifies - Should it be important?

it gave whipsaws and nothing more, the speech was talking about the past
Invest in alarm clocks
  • #9,076
  • Nov 15, 2013 1:39am Nov 15, 2013 1:39am
sell eur/usd
Invest in alarm clocks
  • #9,077
  • Nov 15, 2013 2:03am Nov 15, 2013 2:03am
eur is hanging on a cliff
Invest in alarm clocks
  • #9,078
  • Nov 15, 2013 5:39am Nov 15, 2013 5:39am
Quoting Tony112
eur is hanging on a cliff





hello tony, and others.....


iam surprised you fellas are still continuing with news trading using this method. to be honest, i think tonys original method was far better. so iam curious to know what you folks think and what your experiences have been trading both methods ?

i dont trade news. the original method worked fairly well for me, although i discontinued it due to signals being scarce.


do you no longer trade the original, tony ?


i dabbled in news trading during my earlier days as a trader. just in case anyones interested, what i used to do is trade the news using tick charts. so basically my setups where taken from the first minute of the news release. i would wait for a spike of at least 13 pips or more during the first 15 seconds of the news release. then wait for a a retrace of the spike to at least 35% of the spike value. this retrace must occur within the first 40 seconds of the news release. enter immediately on retrace of 35% in the direction of the spike. trade setup done and dusted within a minute of news release. easy profits of at least 10 pips with a 10 pips stop. or as you see fit. spread must be low not more than 3 pips.

another trader taught me this technique. and it was successful at around 80% of the times. but i drifted away from news trading into longer timeframe trading, looking for higer rewards with less screen time , and this has worked for me wonderfully.


i thought i mention this technique to you, since you fellas are now trading the news.


happy pipping.


(iam posting all over the forums this week, cos not at work !!)
  • #9,079
  • Nov 15, 2013 6:46am Nov 15, 2013 6:46am
Quoting Tony112
it's life {image}
Hi Tony
great thread!! keep going...
I just want to tell you that I had the same GBP trade with you in Oanda and my SL was not triggered. Actually it was a great win (100 pips!!).
It is weired how yours was trigerred!
  • #9,080
  • Nov 15, 2013 6:54am Nov 15, 2013 6:54am
Hi Tony and the follow traders,
I have been trading over years.I have read most of the pages from 1 to last.This is a very simple method but Tony's experienced is more ++.My problem is broker.Oanda.com provide 5 sec chart.This is the main advantage of this method.But I am from Southeast Asia, Bangladesh.Today no distance boom of the internet.I use exnees,Hot forex, with mt4.But i am not happy with that broker.
How can i get 5 sec chart? Oanda provides acc Dipo at bank transfer or paypay. I have not Paypal account rather than skill and netteler. And my country does not allow to deposit via bank this is a restriction of Bangladesh Bank!
Have any solution for me to trade this method ....suitable broker..

Happy trading all.
Best regards.
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