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  • #9,461
  • Jan 23, 2014 12:36am Jan 23, 2014 12:36am
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  • #9,462
  • Jan 23, 2014 12:37am Jan 23, 2014 12:37am
For precision and stats
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Invest in alarm clocks
  • #9,463
  • Jan 23, 2014 12:40am Jan 23, 2014 12:40am
Quoting Lukaszmiami
http://www.youtube.com/watch?v=UA8rcLvS1BY

Dude the price keeps rising as I'm listening to that sick as* music. I'm actually worrying for this week-end. I'm starting to look like Leonardo in Wall street wolf, seriously.
Invest in alarm clocks
  • #9,464
  • Jan 23, 2014 12:42am Jan 23, 2014 12:42am
It's an epic success story. It's impossible what's going on it's too good to be true!!!!!!
Invest in alarm clocks
  • #9,465
  • Jan 23, 2014 12:58am Jan 23, 2014 12:58am
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Invest in alarm clocks
  • #9,466
  • Jan 23, 2014 1:21am Jan 23, 2014 1:21am
But dont forget to take care of your health

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  • #9,467
  • Jan 23, 2014 6:32am Jan 23, 2014 6:32am
I've been following this thread for sometime now, and to say that i'm impressed is an understatement. Honestly your strategy is the bomb. I've traded Forex for years, but i've only been having mixed success. Honestly bro, i'll really really appreciate it if you can throw more lights on this your strategy so i can understand better, cos i'm sick, i'm so sick and tired of blowing accounts and making them brokers richer. Pls, If you choose to contact me through my mail box, i can send it across to you. Thanks in anticipation, and God bless you.
  • #9,468
  • Jan 23, 2014 7:23am Jan 23, 2014 7:23am
Quoting christian11
I've been following this thread for sometime now, and to say that i'm impressed is an understatement. Honestly your strategy is the bomb. I've traded Forex for years, but i've only been having mixed success. Honestly bro, i'll really really appreciate it if you can throw more lights on this your strategy so i can understand better, cos i'm sick, i'm so sick and tired of blowing accounts and making them brokers richer. Pls, If you choose to contact me through my mail box, i can send it across to you. Thanks in anticipation, and God bless you.
strategy is explained in the first post
  • #9,469
  • Jan 23, 2014 2:19pm Jan 23, 2014 2:19pm
Quoting christian11
I've been following this thread for sometime now, and to say that i'm impressed is an understatement. Honestly your strategy is the bomb. I've traded Forex for years, but i've only been having mixed success. Honestly bro, i'll really really appreciate it if you can throw more lights on this your strategy so i can understand better, cos i'm sick, i'm so sick and tired of blowing accounts and making them brokers richer. Pls, If you choose to contact me through my mail box, i can send it across to you. Thanks in anticipation, and God bless you.
A lot of guys like yu tried this method and failed. Propably you will be next. You will fail 10 times in a row and you will try to find other goled system. Dont get me wrong im not trying to offend you, but get realistic. You did not even read the first post, propably you saw few winners from lastest post and you want to be millionaire next week.

Im trading this way (5 sec chart + news) maybe 5 years and right now i can say that i fully understand this method.
  • #9,470
  • Jan 23, 2014 8:21pm Jan 23, 2014 8:21pm
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Retract SL to 0 as soon as news goes in your favor. Close PC.
Invest in alarm clocks
  • #9,471
  • Jan 23, 2014 8:27pm Jan 23, 2014 8:27pm
Quoting Lukaszmiami
But dont forget to take care of your health http://www.youtube.com/watch?v=HrzibHZOPts

Lol !!!! I'm subscribed to that gym. These chicks are good gymnasts everywhere I guess.
Invest in alarm clocks
  • #9,472
  • Jan 23, 2014 8:29pm Jan 23, 2014 8:29pm
Quoting christian11
I've been following this thread for sometime now, and to say that i'm impressed is an understatement. Honestly your strategy is the bomb. I've traded Forex for years, but i've only been having mixed success. Honestly bro, i'll really really appreciate it if you can throw more lights on this your strategy so i can understand better, cos i'm sick, i'm so sick and tired of blowing accounts and making them brokers richer. Pls, If you choose to contact me through my mail box, i can send it across to you. Thanks in anticipation, and God bless you.

Check out my post for next week's news. (above) If you follow to the point your gain curve has no choice but to go up. Takes discipline
Invest in alarm clocks
  • #9,473
  • Jan 23, 2014 8:51pm Jan 23, 2014 8:51pm
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  • #9,474
  • Jan 23, 2014 9:47pm Jan 23, 2014 9:47pm
Quoting Tony112
{image} Retract SL to 0 as soon as news goes in your favor. Close PC.
Hey tony,

Are you buying those news that you listed?
  • #9,475
  • Jan 23, 2014 9:57pm Jan 23, 2014 9:57pm
Quoting Mightyfine
{quote} Hey tony, Are you buying those news that you listed?
I always buy, it creates a lot of controversy and critics but it's the only way I discipline myself. The edge doesn't lie in the buying or selling. It lies in your calculated SL.
Invest in alarm clocks
  • #9,476
  • Jan 23, 2014 10:03pm Jan 23, 2014 10:03pm
Like Lukasz said, a lot of people (the majority) will give up after a series of failed news... lol although it is so simple to see the edge. Average people telling me stocks and forex are gambling, that I'm wasting my time... go back to peeling potatoes and be happy. Make sure you don't peel too much cause you'll waste the volume of your potato. Oh yea today I saw a guy at the grocery store that spent at least 5 minutes selecting and switching eggs from one set to the other. He wasn't removing a broken egg from the dozen... (which is totally normal) ....no he as selecting the eggs. Stupid squirrel heads, why do they reproduce dammit.
Invest in alarm clocks
  • #9,477
  • Jan 24, 2014 12:45am Jan 24, 2014 12:45am
Ok, guys. This was also a good week for me. I earned some pips, saved a lot of time, and im quite happy about my results. Second trade based on old "L" method which works better for me. But it is impossible to trade gbp news this way.
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  • #9,478
  • Jan 24, 2014 6:27am Jan 24, 2014 6:27am
This morning: 5 sec chart surveillance for breaking news. SL 2.5 TP 120
Invest in alarm clocks
  • #9,479
  • Jan 24, 2014 9:33am Jan 24, 2014 9:33am
Hi Tony112,

You have a fantastic thread here. Serious kudos for the time and effort you've put into sharing your trading style on FF.

Having read the first 20+ pages it looks like you've discovered a method of trading with a high Win Rate AND Reward:Risk. Seems almost too good to be true as I'm sure you'd agree, but it is the simple things in life that work best.

I can't quite believe the timespan of acute concentration necessary to trade this way. I'd need the aid of matchsticks for sure! I've read on here that people have been exploring EAs to take the load off, but without much success? Has anybody looked into consuming APIs, like Dukascopy's, instead? If it's possible to retrieve live data for every tick, I imagine it would be quite simple to create a program that could enter trades off the rate of change of pips over a given number of seconds (5 in your case) and after a sufficient period of consolidation. Do you have any thoughts on this?

Cheers
Most people have the will to win, few have the will to prepare to win
  • #9,480
  • Jan 24, 2014 1:14pm Jan 24, 2014 1:14pm
Quoting burnzmeister
Has anybody looked into consuming APIs, like Dukascopy's, instead? If it's possible to retrieve live data for every tick, I imagine it would be quite simple to create a program that could enter trades off the rate of change of pips over a given number of seconds (5 in your case) and after a sufficient period of consolidation. Do you have any thoughts on this? Cheers
I made an EA that would enter after 5pip 5sec candle (and other combinations). It first generated 1000 to 5mil in just 2 years when I run a back test on it but when I got 99% accuracy tick data for my backtests the EA failed. I managed to generate 1000 to 25k return in two years at best of times but overall it wasn't worth it. I think you need a specific time and inteligence behind 5sec 5pip strategy to work.
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