Attachments: Straddle trading EA

Straddle trading EA

#1,201
Aug 18, 2014 1:38am Aug 18, 2014 1:38am

JumpJack
| Joined Mar 2010 | Status: Trader | 136 Posts

Quoting vvFish

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{quote} market order My friend, I do not want to advertise, but I would advise you to read this thread. You can find a lot of interesting things. It is desirable from the first page. http://www.forexfactory.com/showthread.php?t=493948 Good luck.

Ignored

Fish, you are very naïve if you buy into this concept of people knowing pre release. Smaller countries like New Zealand, Australia, you can call around banks and such and get an idea, I did it when I was there, and it is right about 50%. Larger countries - forget it. This is kin to insider trading, and while may not be illegal, governments and brokers will make sure it doesn't work for long. Your little orders wont alert, but if it worked banks would load up and that would alert.
And don't forget government releases are manipulated for their own purposes. China is a good example of release slightly bias numbers. Stick with something proven, like Amazing EA. I just cant find evidence that there is consisstant pre release information.

#1,202
Aug 18, 2014 1:49am Aug 18, 2014 1:49am

ksofty
| Joined Jun 2014 | Status: Trader | 105 Posts

jumpjack, you are wrong. Bloombers subscribers as well as Reuters subscribers get the news releases 2min before the actual release. At least it was that way 4-5 years ago. The subscription used to be around $30k for a year.

#1,203
Aug 18, 2014 2:31am Aug 18, 2014 2:31am

Contrax
Joined Sep 2013 | Status: Trader | 991 Posts

Quoting ksofty

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@vvFish the topic is craphole. Even reading the first post makes you laugh. Anyway, the future can't be predicted by indicators and after 1-2 weeks their system will fail indeed. If you read it really carefully, you'll see that 'currency strength' something isn't working properly as on most charts they're showing where the indi is AT the news bar. The only way you could 'predict' the future is by statistical arbitrage. The main problem with that is finding a slow broker with good order execution. And one last word about the "high impact" crap -...

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LOL, read all the thread.. that was the beginin of that thread..... u know how muuch fish its winning in each news trade? lol...

#1,204
Aug 18, 2014 2:38am Aug 18, 2014 2:38am

JumpJack
| Joined Mar 2010 | Status: Trader | 136 Posts

Quoting ksofty

Disliked

jumpjack, you are wrong. Bloombers subscribers as well as Reuters subscribers get the news releases 2min before the actual release. At least it was that way 4-5 years ago. The subscription used to be around $30k for a year.

Ignored

I think you are referring to Reuters 2 second early release to subscribers of only one release - University of Michigan consumer sentiment report. Reuters apparently was paying Michigan one million dollars a year for the survey. I dont think Bloomberg ever had such a service, and feeling left out created such a stink and the eventual investigation that caused Reuters to suspend. However that service has been suspended by Reuters due to heavy pressure from the Attorney General and Bloomberg. Apparently is not illegal if you are paying for a survey to release it to subscribers early as part of the subscription service, and then release it to the non paying public. Correct me if I am wrong. I never heard of a 2 minute release by anyone or similar. Long ago I knew of a guy selling farm products survey service. And I once talked to a Russian lady selling oil product survey info. Don't see anything wrong there. I don't think this is much different than the thousands of analysts selling their surveyed info on stocks.

#1,205
Aug 19, 2014 5:48am Aug 19, 2014 5:48am

PiTERMAN
| Joined Feb 2010 | Status: Trader | 19 Posts

U r absolutely right JumpJack.

How r u guys? We had another nice one this morning on UK release

...guess Fish made nice profit too with his system

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#1,206
Aug 19, 2014 9:16am Aug 19, 2014 9:16am

SaiLyfee
Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts

Hey guys really nice looking EA but not sure what the best settings to use are? Would appreciate any feedback about what works for you

#1,207
Aug 19, 2014 12:01pm Aug 19, 2014 12:01pm

drBBMM
| Joined Nov 2012 | Status: Trader | 90 Posts

PointsAway should be > 80 to prevent whipsaw in this GBP CPI y/y 19-8-2014, 15.30 WIB.

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#1,208
Aug 19, 2014 12:08pm Aug 19, 2014 12:08pm

vvFish
Joined Feb 2012 | Status: Trader | 6,159 Posts

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Only the price on the chart can show the entrance to the deal...

#1,209
Aug 19, 2014 2:04pm Aug 19, 2014 2:04pm

ksofty
| Joined Jun 2014 | Status: Trader | 105 Posts

@vvFish I see that you have the indicators from the other thread but in the comments there is still that [sl] that reminds me you are using an EA. Is that the AmazingEA or something based on the indicators?

#1,210
Aug 19, 2014 9:18pm Aug 19, 2014 9:18pm

vvFish
Joined Feb 2012 | Status: Trader | 6,159 Posts

Quoting ksofty

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@vvFish I see that you have the indicators from the other thread but in the comments there is still that [sl] that reminds me you are using an EA. Is that the AmazingEA or something based on the indicators?

Ignored

Advisor puts a stop order at a certain time. Indicators help determine the price movement before exiting news.
A reference to the figures I gave earlier.

Only the price on the chart can show the entrance to the deal...

#1,211
Aug 20, 2014 1:59am Aug 20, 2014 1:59am

SaiLyfee
Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts

To avoid whipsaws and triggering both Pending Orders do you guys have it so this EA cancels the other pending order once the initial one is triggered?

#1,212
Aug 20, 2014 3:41am Aug 20, 2014 3:41am

vvFish
Joined Feb 2012 | Status: Trader | 6,159 Posts

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Only the price on the chart can show the entrance to the deal...

#1,213
Edited 6:30am Aug 20, 2014 6:02am | Edited 6:30am

totowah
| Joined Jan 2013 | Status: Tidal Trader | 60 Posts

Quoting drBBMM

Disliked

PointsAway should be > 80 to prevent whipsaw in this GBP CPI y/y 19-8-2014, 15.30 WIB. {image}

Ignored

Hi Doc,

Same issue for me with a PA=55 but I have preserved my capital thanks to the OCO=False

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#1,214
Aug 20, 2014 6:15am Aug 20, 2014 6:15am

PiTERMAN
| Joined Feb 2010 | Status: Trader | 19 Posts

Quoting vvFish

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{image}{image}

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Congratulation Fish!!
Unfortunately i didnt straddle this one ...still dont understand why!? ...i lost great oportunity, but this is how it is :/

#1,215
Aug 20, 2014 7:19am Aug 20, 2014 7:19am

Juddie
| Joined Sep 2009 | Status: Trader | 19 Posts

Quoting vvFish

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{image}{image}

Ignored

i do hope this is a real account
@ all. Please, for the sake of the sensitivity and importance of news trading/straddling, i suggest we post in here live trading results as we all know that demo account is different from real accounts when it comes to news trading. I commend drBBMM and Alan for their efforts on this thread in respect to this issue

#1,216
Aug 20, 2014 7:40am Aug 20, 2014 7:40am

Nowaishy
| Joined Oct 2012 | Status: Trader | 17 Posts

Quoting Juddie

Disliked

{quote} i do hope this is a real account @ all. Please, for the sake of the sensitivity and importance of news trading/straddling, i suggest we post in here live trading results as we all know that demo account is different from real accounts when it comes to news trading. I commend drBBMM and Alan for their efforts on this thread in respect to this issue

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I highly agree with you Juddie