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  • #11,601
  • Mar 28, 2014 4:31am Mar 28, 2014 4:31am
SL
  • #11,602
  • Mar 28, 2014 4:35am Mar 28, 2014 4:35am
Blech
  • #11,603
  • Mar 28, 2014 4:37am Mar 28, 2014 4:37am
Quoting HannesJoub
Blech
That was very uninteresting, left with +5 pips.
  • #11,604
  • Mar 28, 2014 5:02am Mar 28, 2014 5:02am
Next for me is EUR CPI y/y
  • #11,605
  • Mar 28, 2014 5:14am Mar 28, 2014 5:14am
Dudes, I have tried to add my new Oanda account to my signature, but I am only allowed one trade explorer there, unless I am doing something wrong? Help?

Anyway, that Oanda account is according to Tony's rules in that it is a "buy" account only. But I will still be trading all news events that are considered "red" in order to finish my testing of viable news events.

I assume that you can view it in my profile?

Also, any feedback regarding other news resources?

Thanks

H
  • #11,606
  • Mar 28, 2014 6:39am Mar 28, 2014 6:39am
Quoting HannesJoub
Thanks for your feedback Naokia980. My question then to regular users of Oanda's FXtrade platform becomes: What kind of slippage, if any, do you experience on your stop loss orders of your open positions during news events? This should be pretty easy to answer, as for example, Tony experiences more SL hits than TP's during a news event. Thanks H
Hannesjoub, did you get a response on your OANDA slippage question?
I am interested in knowing the experience of people already using OANDA to trade news on their level of slippage.
Does OANDA have slippage control ? i read on fxopen ECN page that they have slippage control of 20pips on some major pairs.
Slippages does not just affect pending order but also stop loss on open orders, that means you can not control how much you will lose if the trade goes against you , which is not something bad itself.it is expected from this strategy, but one needs to be able to determine its expected loss (SL) on a trade before going into the trade. With slippage that deterministic SL goes away.

This News strategy wont work with all brokers, it will be nice if we can identify some brokers (based on years of experience) that can make this to work.
I will appreciate OANDA clients comments on their experience with Stop Loss slippage
  • #11,607
  • Mar 28, 2014 7:37am Mar 28, 2014 7:37am
http://www.dailyfx.com/calendar?tz=-...=true&low=true


What is going on with ff calendar? Is it not being updated?
  • #11,608
  • Mar 28, 2014 7:44am Mar 28, 2014 7:44am
Quoting iddy
{quote} Hannesjoub, did you get a response on your OANDA slippage question? I am interested in knowing the experience of people already using OANDA to trade news on their level of slippage. Does OANDA have slippage control ? i read on fxopen ECN page that they have slippage control of 20pips on some major pairs. Slippages does not just affect pending order but also stop loss on open orders, that means you can not control how much you will lose if the trade goes against you , which is not something bad itself.it is expected from this strategy, but...
I did not receive an answer in so many words. It basically comes down to Oanda has slippage, but it is much less than an ECN / STP for example.

That is why I am running my Oanda account alongside my other brokerage account to see how they go.

I am hoping to work on a record keeping DB this weekend (basic excel with two left thumbs) concerning all "red" news events I can find, with a comparison between the two brokerages...It's a bit of an exercise, but I think it would be worthwhile. If I don't make money with the trading I'll sell my DB to the highest bidder to recoup some costs

H

  • #11,609
  • Mar 28, 2014 8:02am Mar 28, 2014 8:02am
CPI seems to be a bit of non event
  • #11,610
  • Mar 28, 2014 8:04am Mar 28, 2014 8:04am
market are so nervous today, something is going to happen
Invest in alarm clocks
  • #11,611
  • Mar 28, 2014 8:21am Mar 28, 2014 8:21am
Quoting Tony112
market are so nervous today, something is going to happen
And I'm keeping an eye open on 5 sec chart... as long as I will be able to keep it...
  • #11,612
  • Mar 28, 2014 8:21am Mar 28, 2014 8:21am
Quoting Tony112
market are so nervous today, something is going to happen
What? When? Where?

  • #11,613
  • Mar 28, 2014 8:22am Mar 28, 2014 8:22am
I am not an expert but I guess that if someone catch the unexpected news, with some luck and a lot of patience, this kind of news brings often the best results...
  • #11,614
  • Mar 28, 2014 8:31am Mar 28, 2014 8:31am
Just entered long on EUR USD.
  • #11,615
  • Mar 28, 2014 8:57am Mar 28, 2014 8:57am
Michigan sentiment = blech
  • #11,616
  • Mar 28, 2014 8:58am Mar 28, 2014 8:58am
Erm, what happened in the Euro at 9GMT?

Looks like a sudden 30 pip drop???

H
  • #11,617
  • Mar 29, 2014 6:52pm Mar 29, 2014 6:52pm
Had fun trading PA this week on 2 accounts, first time using PA and I quite like it

The week coming up should be fun!!
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  • #11,618
  • Mar 29, 2014 7:53pm Mar 29, 2014 7:53pm
Quoting dvanderlinde
Had fun trading PA this week on 2 accounts, first time using PA and I quite like it The week coming up should be fun!! {image} {image}
Where did you learn it from Al Brooks?
  • #11,619
  • Mar 30, 2014 4:33am Mar 30, 2014 4:33am
Quoting dvanderlinde
Had fun trading PA this week on 2 accounts, first time using PA and I quite like it The week coming up should be fun!! {image} {image}
Well done...looking at your results and mine, you must have been selling when I was buying, and buying when I was selling

I tried PA, and at the moment I do not have the mental marbles to do that. One of the reasons why I like Tony's method...not much thinking involved (for me at least).

H

  • #11,620
  • Mar 30, 2014 7:21am Mar 30, 2014 7:21am
This week is very heavy. I have chosen to trade every single important event. I pray that I'll respect my rules and follow everything with the discipline of a soldier. I must not re-enter news, gamble or jeopardize my whole account. I know I can make it.
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Invest in alarm clocks
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