{quote} Eina, I hope that the week turns around for you...H
I just googled what "Eina" means,lol!
{quote} I just googled what "Eina" means,lol!
Just in case you got the wrong definition / language, it means "ouch"
Cheers
H
- #11,123
- Mar 18, 2014 6:16am Mar 18, 2014 6:16am
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
Love for all; Hatred for none.
- #11,124
- Mar 18, 2014 6:18am Mar 18, 2014 6:18am
{quote} Google is wonderful, isn't it? Just don't go believing everything you find there, I mean there are 400 gazillion pages returned when you search "successful forex trading strategy"
+27 and +13
One news event? One pair? I can't really see much from your images (cannot click on them for some or other reason, and they are cropped so pairs are not visible either.)
Cheers
H
- #11,126
- Mar 18, 2014 6:29am Mar 18, 2014 6:29am
Hey guys, so I think i will be unable to continue trading this style at least with dukascopy due to their ridiculous slippage (60 pips slippage)
I would have had 50 pip slippage on my broker on EUR/AUD on this particular news but would have had only few pips in AUD/USD so there is a difference what pair you trade.
Tony uses OANDA because it is a market maker which means oanda itself provides the liquidity for the trader and therefore doesn't have slippage (or very very little compared to ecn) but has large spreads to ease their pain during news.
I still use ECN brokers, but I straddle so even if I have 50 pip slippage, I'm in the right side of the trade either way and I don't take 50 pip loss, only my entry is worse. Only thing I still have nightmares is when price goes up and opens my buy order and then shoots down 50 pips in a nanosecond and slips my stop for 50 pips
(This has happened to me a few times).
- #11,128
- Mar 18, 2014 6:34am Mar 18, 2014 6:34am
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
{quote} Good results Aahmad. One news event? One pair? I can't really see much from your images (cannot click on them for some or other reason, and they are cropped so pairs are not visible either.) Cheers H
Love for all; Hatred for none.
{quote} Strictly speaking what do you mean with that? I did not get it.
Tony only goes long, and only on specific news events (shown on 1st page). Therefore, if you are doing anything different to him, which is what you were alluding to in your post, you cannot compare results (over a period of time) to him.
I did not mean any disrespect, I was just stating the obvious, simply because, I, especially tend to lose these things out of sight....
H
{quote} It is EU pair. I never trade on any other pair. I just focus on one pair for my analysis. Time Frames are M5 and M15. I always place order in OB/OS area near 00 level e.g 1.3900 or pivot or S/R.
H
- #11,133
- Mar 18, 2014 7:02am Mar 18, 2014 7:02am
- Joined Sep 2011 | Status: I make Rambo look like a boy scout. | 1,472 Posts
{quote} Thanks for the reply Pipkiller. And supply & demand is also known as liquidity then? Which would make my premise that you quoted correct? I am looking at refining the method I am using (and I can see it is moving towards what Tony has been saying all along) Cheers H
I don't care which way the market is going as long as it's going my way
All the crosses against Yen started to move up,no news,or am I missing something? Or should I say "eina!'
@HannesJoub: that's ok mate! :-) By the way, is anyone trading BOE Gov Carney speech later on? I'll keep monitoring it...
I am busy building up a DB (for myself, yes I am re-inventing the wheel
) of what to trade and what not to.H
Stopped out @ -2.2 pips / 22 points on EURCAD on CAD manufacturing sales m/m. There was a nice spike short, did not experience slippage and was able to move stop down before to much damage was done.
EURUSD did not move for building permits and core cpi, so I stayed out...
H
EURUSD did not move for building permits and core cpi, so I stayed out...
H
- #11,139
- Mar 18, 2014 7:36am Mar 18, 2014 7:36am
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
Love for all; Hatred for none.