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  • #11,961
  • Apr 10, 2014 6:35pm Apr 10, 2014 6:35pm
I see, but the SL regardless should remain the same right?
Example I set a trade with 18 pip SL and I get slippage on my entry price. The SL should still be 18 yes?
  • #11,962
  • Apr 10, 2014 6:53pm Apr 10, 2014 6:53pm
Yes , SL remains at the same price you assigned it , just that it doesn't close the position at the price you ordered it ;
But at the price it "Slipped" at , thus making you lose money / pips.

It's like how cars stop when braking. Your in a car at 60 km/h and you have an order to stop at a Finish line / White line. You press the brakes , but u continue to slide , and the car stops past the Finish line(stop loss)
  • #11,963
  • Apr 10, 2014 7:13pm Apr 10, 2014 7:13pm
Oh wow...so you're saying if I enter long with an 18pip SL and price goes down 'fast', like on a news release for example, it will breach my SL parameters causing me to lose more money than I had signed up to with an 18 pip SL??
i.e My 18 pip SL still stands, yet if price goes down I will lose more money than the equivalent of 18pips?
It may decide to stop me out at 30 pips for example instead, hence I lose 30pips worth of money?
Am I correct in understanding this now?
  • #11,964
  • Apr 10, 2014 7:27pm Apr 10, 2014 7:27pm
That is correct
  • #11,965
  • Apr 10, 2014 7:32pm Apr 10, 2014 7:32pm
Quoting SaiLyfee
Oh wow...so you're saying if I enter long with an 18pip SL and price goes down 'fast', like on a news release for example, it will breach my SL parameters causing me to lose more money than I had signed up to with an 18 pip SL?? i.e My 18 pip SL still stands, yet if price goes down I will lose more money than the equivalent of 18pips? It may decide to stop me out at 30 pips for example instead, hence I lose 30pips worth of money? Am I correct in understanding this now?
Yes what you say is correct....Now slippage can work in your favor as well when the price slips past your Take Profit and your order gets filled with more pips than you expected...But somehow the game seems rigged in the brokers favor and there seems to be more slip losses than slip gains...
  • #11,966
  • Apr 11, 2014 3:54am Apr 11, 2014 3:54am
Sell Eu now 1.3886

it will going down to the last for today
  • #11,967
  • Apr 11, 2014 4:05am Apr 11, 2014 4:05am
Quoting Nfp
Sell Eu now 1.3886 it will going down to the last for today
  • #11,968
  • Apr 11, 2014 4:11am Apr 11, 2014 4:11am
Quoting Nfp
Sell Eu now 1.3886 it will going down to the last for today

I saw that with 14 min delay... I sold EUR at 1.38824. Should have a SMS alarm for Nfp speaking...
  • #11,969
  • Apr 11, 2014 5:11am Apr 11, 2014 5:11am
Quoting Tony112
{quote} heheh twin trade, congratulations we made it my friend
Thanks Tony, you are indeed an inspiration.
  • #11,970
  • Apr 11, 2014 6:27am Apr 11, 2014 6:27am


keep rock babe'
  • #11,971
  • Apr 11, 2014 6:40am Apr 11, 2014 6:40am
Quoting Nfp
keep rock babe'
any specific target on eurusd?
  • #11,972
  • Apr 11, 2014 6:50am Apr 11, 2014 6:50am
Quoting letterB
{quote} any specific target on eurusd?
my friend want to buy at 1.38255

pray for him
  • #11,973
  • Apr 11, 2014 6:52am Apr 11, 2014 6:52am
Quoting Nfp
keep rock babe'
Rock on
Inserted Video


  • #11,974
  • Apr 11, 2014 7:54am Apr 11, 2014 7:54am
Quoting Nfp
{quote} my friend want to buy at 1.38255 pray for him
I am allready, all the way!
  • #11,975
  • Apr 11, 2014 8:03am Apr 11, 2014 8:03am
Hm news did move anything at all. waiting for later usd news. You guys trading Short? Eur/usd?
  • #11,976
  • Apr 11, 2014 9:15am Apr 11, 2014 9:15am
CAn anyone explain why Eur went up on positive usd news?
  • #11,977
  • Apr 11, 2014 10:38am Apr 11, 2014 10:38am
Quoting JedyHacKer
CAn anyone explain why Eur went up on positive usd news?
yeah stopped me out on b/e, that's the market
  • #11,978
  • Apr 12, 2014 6:19am Apr 12, 2014 6:19am
Quoting SaiLyfee
{quote} I am unexperienced with news trading so I am not sure why you say it would not be possible to put a buy and a sell order on at the same time? I wasn't talking about placing a pending order 2 mins before, but rather a marker order like Tony What is slippage exactly? If I set my SL for an 18 pip stop it should stay at a 18 pip stop shouldn't it?..

I have attached a photo of my excel statisticts, I think you mean that one, you sell and buy at same time just before 2 minutes the news releases...I follow Tony's strategy but i also try to make another strategy with my friend, we buy and sell at same time ...and you can see the results we get in the photo i hv attached...There was 23 pips slippage and 31 pips slippage but our profit is positive in either way.(Unlucky that we have to share the profit ))..
Attached Image (click to enlarge)
Click to Enlarge Name: long_andShort.jpg Size: 174 KB
  • #11,979
  • Apr 12, 2014 4:22pm Apr 12, 2014 4:22pm
Hi,
I understood your system prinzipally. only one question: in the instruction picture at post 1 there stand that i have to make everytime a direct buy order. But sometimes you say sell here in forum. Do we everytime only one direction trade? Or do we buy a buy and a sell trade? And if not why?
How I can found which direction to choose?

Thank you
  • #11,980
  • Apr 12, 2014 9:00pm Apr 12, 2014 9:00pm
Quoting ind.engineer
{quote} I have attached a photo of my excel statisticts, I think you mean that one, you sell and buy at same time just before 2 minutes the news releases...I follow Tony's strategy but i also try to make another strategy with my friend, we buy and sell at same time ...and you can see the results we get in the photo i hv attached...There was 23 pips slippage and 31 pips slippage but our profit is positive in either way.(Unlucky that we have to share the profit )).. {image}

nice stats man, you look like someone that's gonna succeed. Keep it up
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