Central Banks & Big Players | Page 627 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How do you know all the positions held by big players? 25 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Central Banks and Big Players: Slight change in code reqd 7 replies

Japanese housewives are wrecking the forecasts of big players! 25 replies

Big players and Forex 4 replies

Attachments: Central Banks & Big Players
Exit Attachments

Central Banks & Big Players

  • #12,521
  • May 13, 2014 9:39pm May 13, 2014 9:39pm
Today, GBP claimant count change.

prepare for the Tsunami

PS: hey Tony112, the usual plan?
  • #12,522
  • May 13, 2014 10:29pm May 13, 2014 10:29pm
Hey Tony, curious, are you still in that AUD unemployment rate trade? Did price reach your SL @ BE?
Attached Image (click to enlarge)
Click to Enlarge Name: aus.png Size: 36 KB
  • #12,523
  • May 13, 2014 11:52pm May 13, 2014 11:52pm
Quoting SaiLyfee
Hey Tony, curious, are you still in that AUD unemployment rate trade? Did price reach your SL @ BE? {image}

Hi, I got out at some point, I couldn't make it or take it any more... But normally looking at my entry point, It wouldn't have touched the SL... yet
Invest in alarm clocks
  • #12,524
  • May 13, 2014 11:53pm May 13, 2014 11:53pm
Quoting Tuffy
Today, GBP claimant count change. prepare for the Tsunami PS: hey Tony112, the usual plan?
You're right... the only thing I don't like is the low leverage they give me on that pair.
Invest in alarm clocks
  • #12,525
  • May 14, 2014 3:11am May 14, 2014 3:11am
Strom to hit in 20 mins..
  • #12,526
  • May 14, 2014 3:18am May 14, 2014 3:18am
Lets do this thing.
  • #12,527
  • May 14, 2014 3:20am May 14, 2014 3:20am
10 minutes left
Invest in alarm clocks
  • #12,528
  • May 14, 2014 3:22am May 14, 2014 3:22am
What pair are you targeting
  • #12,529
  • May 14, 2014 3:23am May 14, 2014 3:23am
Im buying GBP/USD.
  • #12,530
  • May 14, 2014 3:33am May 14, 2014 3:33am
Attached Image
Invest in alarm clocks
  • #12,531
  • May 14, 2014 3:34am May 14, 2014 3:34am
NOBODY should have lost more than 18 pips. If that's not the case, change brokers.
Invest in alarm clocks
  • #12,532
  • May 14, 2014 3:35am May 14, 2014 3:35am
See you in 1 hour. I'm buying the inflation report.
Invest in alarm clocks
  • #12,533
  • May 14, 2014 3:37am May 14, 2014 3:37am
Attached Image (click to enlarge)
Click to Enlarge Name: sl.png Size: 35 KB

-18.

Question: Should I have moved SL to BE after that little burst up, or was it best to let the news actually come out before moving to BE? Thanks.
  • #12,534
  • May 14, 2014 3:41am May 14, 2014 3:41am
Quoting SaiLyfee
{image} -18. Question: Should I have moved SL to BE after that little burst up, or was it best to let the news actually come out before moving to BE? Thanks.

The price only went 10 pips above your entry before news.

It means that you could have put your SL at -8 below your entry

It's at your discretion, everything goes so fast. I let mine at -18 just like you.


EDIT: realize that the price went back to almost the original position of your entry, just at the time of news. This means the right thing to do was to keep your SL at -18.
Whatever you do it's best to not lose more than 18 pips on majors news. Just move on. It's totally normal at 50% of the time.
Invest in alarm clocks
  • #12,535
  • May 14, 2014 3:44am May 14, 2014 3:44am
Quoting Tony112
{quote} The price only went 10 pips above your entry before news. It means that you could have put your SL at -8 below your entry It's at your discretion, everything goes so fast. I let mine at -18 just like you.
Thanks Tony, I appreciate the helpful response.
Edit: I agree, it was just out of curiosity to see how you do it my friend
My rules are to always move to BE once its gone the same amount of pips in my direction as my set SL.

How much of an SL are you using for the BOE report? 15 or 18?
  • #12,536
  • May 14, 2014 3:49am May 14, 2014 3:49am
Quoting SaiLyfee
{quote} Thanks Tony, I appreciate the helpful response. Edit: I agree, it was just out of curiosity to see how you do it my friend My rules are to always move to BE once its gone the same amount of pips in my direction as my set SL. How much of an SL are you using for the BOE report? 15 or 18?
I'm going for 18 pips again. The spread should be 20 pips... so we'll get an instant -10 by entering before... giving us a margin of 8 pips in the wrong direction. It should be fine.
Invest in alarm clocks
  • #12,537
  • May 14, 2014 3:53am May 14, 2014 3:53am
Quoting Tony112
{quote} I'm going for 18 pips again. The spread should be 20 pips... so we'll get an instant -10 by entering before... giving us a margin of 8 pips in the wrong direction. It should be fine.
Yes, I was wondering, I suppose these news releases have more impact than most others so therefore 18 is more sensible. Again, thank you for the clarification buddy

  • #12,538
  • May 14, 2014 3:57am May 14, 2014 3:57am
Quoting Tony112
{quote} The price only went 10 pips above your entry before news. It means that you could have put your SL at -8 below your entry It's at your discretion, everything goes so fast. I let mine at -18 just like you. EDIT: realize that the price went back to almost the original position of your entry, just at the time of news. This means the right thing to do was to keep your SL at -18. Whatever you do it's best to not lose more than 18 pips on majors news. Just move on. It's totally normal at 50% of the time.
Mine is -15, i moved only 3 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd3.png Size: 172 KB
  • #12,539
  • May 14, 2014 4:01am May 14, 2014 4:01am
I sell GBPUSD:
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 57 KB
  • #12,540
  • May 14, 2014 4:03am May 14, 2014 4:03am
Quoting jeetvirk
{quote} Mine is -15, i moved only 3 pips {image}
That's a very good restrained loss.
Invest in alarm clocks
7 traders viewing now