Attachments: Central Banks & Big Players

Central Banks & Big Players

#13,281
Sep 26, 2014 2:31am Sep 26, 2014 2:31am

startsomewhe
| Joined Jun 2014 | Status: Trader | 12 Posts

Quoting Tuffy

Disliked

{quote} the lot sizes that tony trades, cream of crop with lowest risk is enough for his bentley pips

Ignored

Haha, hopefully i'll be in that position in the near future

#13,282
Sep 26, 2014 6:19pm Sep 26, 2014 6:19pm

sepramfx
Joined Aug 2011 | Status: Trader | 571 Posts

Quoting Tony112

Disliked

{quote} You have to buy or sell before the news comes out. Do not put any pending orders because you'll catch a huge spread after the news comes out. It doesn't matter if you buy or sell, as long as you limit your loss with a SL.

Ignored

cool I got it but does thatimplies that I will buy and sell at the same time or I'll either buy or sell? for example the USD Non-Farm Employment Change that will be coming up next week, previous is 216k forecast is 142k.with this information am I suppose to sell EUR/USD and buy USD/JPY? or I'm suppose to buy EUR/USD and sell USD/JPY? Better still will I do the buying and selling simultaneously?

#13,283
Oct 1, 2014 1:39am Oct 1, 2014 1:39am

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 7,709 Posts

Hello everyone!! Get ready for the ECB Press Conference
it's coming tomorrow. We will monitor it on the 5 second chart. 2 attempts max with 6 pip sl each!

Invest in alarm clocks

#13,284
Oct 1, 2014 2:35am Oct 1, 2014 2:35am

HannesJoub
| Joined Aug 2010 | Status: Trader | 558 Posts

Quoting Tony112

Disliked

Hello everyone!! Get ready for the ECB Press Conference it's coming tomorrow. We will monitor it on the 5 second chart. 2 attempts max with 6 pip sl each!

Ignored

Hi there Tony, will be trying it alongside of you. What are we expecting, a long EU? It would not surprise me, given the move short move in EU yesterday. (Big players looking to buy cheap tomorrow?)

Cheers

H

#13,285
Oct 1, 2014 10:07pm Oct 1, 2014 10:07pm

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 7,709 Posts

Quoting HannesJoub

Disliked

{quote} Hi there Tony, will be trying it alongside of you. What are we expecting, a long EU? It would not surprise me, given the move short move in EU yesterday. (Big players looking to buy cheap tomorrow?) Cheers H

Ignored

It's all chaos... I'll be monitoring the chart and going along what's said. Might have a move up in the euro because of Draghi.

Invest in alarm clocks

#13,286
Oct 2, 2014 12:58am Oct 2, 2014 12:58am

HannesJoub
| Joined Aug 2010 | Status: Trader | 558 Posts

Quoting Tony112

Disliked

{quote} It's all chaos... I'll be monitoring the chart and going along what's said. Might have a move up in the euro because of Draghi.

Ignored

Thanks Tony, well then, let's load up and see where it goes. I am long EU 2 mins before news...

Hannes

#13,287
Oct 2, 2014 7:42am Oct 2, 2014 7:42am

HannesJoub
| Joined Aug 2010 | Status: Trader | 558 Posts

Well, I was stopped out, but at least I was stopped out for BE...managed to move my SL before the paw paw hit the fan

Speeches are generally a bit whippish are they not?

Hannes

#13,288
Oct 2, 2014 8:22am Oct 2, 2014 8:22am

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 7,709 Posts

That was not a good speech or session. A lot of whipsaws.

Hopefully its for the best... We're awaiting NFP tomorrow and maybe it will be epic.

Confirming the importance to control your trading. 2 attempts max at ECP press.. that's all and call it a day.

Attached Image (click to enlarge)

Click to Enlarge

Name: ECB-PRESS7.gif
Size: 55 KB

Invest in alarm clocks

#13,289
Oct 2, 2014 9:21am Oct 2, 2014 9:21am

HannesJoub
| Joined Aug 2010 | Status: Trader | 558 Posts

Quoting Tony112

Disliked

That was not a good speech or session. A lot of whipsaws. Hopefully its for the best... We're awaiting NFP tomorrow and maybe it will be epic. Confirming the importance to control your trading. 2 attempts max at ECP press.. that's all and call it a day. {image}

Ignored

Tomorrow then...

Hannes

#13,290
Oct 2, 2014 9:28am Oct 2, 2014 9:28am

HannesJoub
| Joined Aug 2010 | Status: Trader | 558 Posts

Quoting Tony112

Disliked

That was not a good speech or session. A lot of whipsaws. Hopefully its for the best... We're awaiting NFP tomorrow and maybe it will be epic. Confirming the importance to control your trading. 2 attempts max at ECP press.. that's all and call it a day. {image}

Ignored

Hi Tony, sorry, you didn't mention, were you stopped out, if so, at what level, were you able to move your stop up to BE?

Cheers

Hannes

#13,291
Oct 2, 2014 11:12am Oct 2, 2014 11:12am

moen
| Joined Feb 2014 | Status: Ninja | 68 Posts

I traded ECB Press Conference before and it hurt my account so I made sure never to trade it again. I find speeches harder to trade then actual news. Buy U/CAD for tomorrow tony? Maybe also thinking Buy U/JPY?

#13,292
Oct 3, 2014 7:34am Oct 3, 2014 7:34am

Naokia980
| Joined May 2013 | Status: Never Settle! | 348 Posts

Is everything ok?

#13,293
Oct 3, 2014 7:38am Oct 3, 2014 7:38am

startsomewhe
| Joined Jun 2014 | Status: Trader | 12 Posts

Quoting Naokia980

Disliked

Is everything ok?

Ignored

28 pip spread... man down

#13,294
Oct 3, 2014 7:45am Oct 3, 2014 7:45am

achillis
| Joined May 2014 | Status: Trader | 19 Posts

Wait till the spreads are better till you enter the market! we still have another 9 hopeful hour candle to work with!

#13,295
Oct 3, 2014 7:49am Oct 3, 2014 7:49am

lakhan
| Joined Jun 2013 | Status: Trader | 629 Posts

Lovely Jubbly!

Attached Image (click to enlarge)

Click to Enlarge

Name: Screen Shot 2014-10-03 at 13.47.56.png
Size: 40 KB

#13,296
Oct 3, 2014 7:59am Oct 3, 2014 7:59am

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

OANDA. Why was my TP not respected hmmm?? .. High ask was 109.660 and my TP was set at 109.656.. It should have closed when the high ask reached 109.656.

Attached Image (click to enlarge)