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  • #13,561
  • Nov 23, 2014 9:43am Nov 23, 2014 9:43am
Tony, pardon my slowness please . . . "15/120" means ?
jorgeviola
  • #13,562
  • Nov 23, 2014 11:44am Nov 23, 2014 11:44am
Quoting jorgeviola
Tony, pardon my slowness please . . . "15/120" means ?
As you can read on the first post of the thread the system is based on putting a small SL and a big TP. That's because you can always make a mistake on the prediction but even making the mistake you will lose between 12 and 18 pips while the times you are right with your prediction you can gain up to 150 pips. So it's meant to be really profitable.

By the moment I'm sure that you know what "15/120" means but anyway, it means that he's advising you to open that trade with a 15 pips SL and a 120 pips TP.

Good luck and have fun!
  • #13,563
  • Nov 23, 2014 11:56am Nov 23, 2014 11:56am
Thanks! I did read the image on post #1. Got the idea. I can't find anything about direction, tho. Trend?
jorgeviola
  • #13,564
  • Nov 23, 2014 12:29pm Nov 23, 2014 12:29pm
Hi Tony, just stumbled upon your thread, thank you for the help you are giving to the community here and its great!

I would to start using your system here from today onwards, but just to check, can it still be used with a 1Min chart?

My broker is MT4 only hence that's the smallest timeframe i could use.

Kindly awaiting your advice, thanks!
  • #13,565
  • Nov 23, 2014 1:04pm Nov 23, 2014 1:04pm
Quoting ken20008
Hi Tony, just stumbled upon your thread, thank you for the help you are giving to the community here and its great! I would to start using your system here from today onwards, but just to check, can it still be used with a 1Min chart? My broker is MT4 only hence that's the smallest timeframe i could use. Kindly awaiting your advice, thanks!

Welcome Ken, the time-frame you use is only for your personal display. Whether you use 1 min or 15 min charts it is really without influence on the main trading method since these are display options Make sure you follow the main settings found on page 1. Good trading!
Invest in alarm clocks
  • #13,566
  • Nov 23, 2014 4:16pm Nov 23, 2014 4:16pm
This system seems promising.
Does the long 5 sec bar have to occur right after open price of hourly bars?

Thanks
Trading is the hardest way to make easy money...
  • #13,567
  • Nov 23, 2014 6:46pm Nov 23, 2014 6:46pm
Quoting Tony112
For the upcoming week: CAD Core Retail Sales m/m 15/120 That's all
No CAD GDP?
Trade at your own risk.
  • #13,568
  • Nov 23, 2014 8:29pm Nov 23, 2014 8:29pm
Quoting Tony112
{quote} Welcome Ken, the time-frame you use is only for your personal display. Whether you use 1 min or 15 min charts it is really without influence on the main trading method since these are display options Make sure you follow the main settings found on page 1. Good trading!
Hi Tony, thanks for your response Good to hear always from the man himself!

As of now, im not really sure how the trade direction is decided. In essence, how would you determine whether to buy or sell just before a news release?


Sorry if i missed something that already answered my qn in the thread! ><
  • #13,569
  • Nov 23, 2014 11:49pm Nov 23, 2014 11:49pm
You are the master of your moves and decisions. Makes the good ones.

Inserted Video


I'm hypnotized by this guy's skills
Invest in alarm clocks
  • #13,570
  • Nov 23, 2014 11:51pm Nov 23, 2014 11:51pm
Quoting Fx3423454
{quote} No CAD GDP?

Cad GDP is a monthly news that normally doesn't even lift
Invest in alarm clocks
  • #13,571
  • Nov 23, 2014 11:52pm Nov 23, 2014 11:52pm
Quoting ken20008
{quote} Hi Tony, thanks for your response Good to hear always from the man himself! As of now, im not really sure how the trade direction is decided. In essence, how would you determine whether to buy or sell just before a news release? Sorry if i missed something that already answered my qn in the thread! ><

It's really based on your sentiment, you have the edge so it doesn't really matter whether you go long or short.
Invest in alarm clocks
  • #13,572
  • Nov 23, 2014 11:53pm Nov 23, 2014 11:53pm
Quoting MathTrader7
This system seems promising. Does the long 5 sec bar have to occur right after open price of hourly bars? Thanks

You should monitor the 5 second chart only during the ECB press conference or the Japan monetary policy statement announcement.
Invest in alarm clocks
  • #13,573
  • Nov 24, 2014 9:26am Nov 24, 2014 9:26am
Forgot 1 upcoming news:

GBP Inflation Report Hearings

SL 15 TP 120
Invest in alarm clocks
  • #13,574
  • Nov 24, 2014 9:32am Nov 24, 2014 9:32am
Quoting Tony112
{quote} It's really based on your sentiment, you have the edge so it doesn't really matter whether you go long or short.
Thanks Tony!

Will be watching out for the GBP Inflation Report Hearings as per your notice.

Watching the USD unemployment too.

Any other key news release to watch out for?
  • #13,575
  • Nov 24, 2014 4:13pm Nov 24, 2014 4:13pm
Quoting ken20008
{quote} Thanks Tony! Will be watching out for the GBP Inflation Report Hearings as per your notice. Watching the USD unemployment too. Any other key news release to watch out for?
Here is the other news.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-02-18_2254.png Size: 66 KB
Trade at your own risk.
  • #13,576
  • Nov 24, 2014 8:28pm Nov 24, 2014 8:28pm
Quoting Fx3423454
{quote} Here is the other news. {image}

This post is so Epic that it's almost hypnotic!. I can barely restrain myself from bursting in laughs and waking up the kids.
Invest in alarm clocks
  • #13,577
  • Nov 24, 2014 8:30pm Nov 24, 2014 8:30pm
Quoting ken20008
{quote} Thanks Tony! Will be watching out for the GBP Inflation Report Hearings as per your notice. Watching the USD unemployment too. Any other key news release to watch out for?

GBP Inflation Report Hearings
CAD Core Retail Sales m/m

I don't suggest anything else.
Invest in alarm clocks
  • #13,578
  • Nov 24, 2014 11:14pm Nov 24, 2014 11:14pm
Quoting Tony112
{quote} GBP Inflation Report Hearings CAD Core Retail Sales m/m I don't suggest anything else.
How to trade the GBP inflation report taking position with 15 SL two minutes before the news or watching the chart like a hawk ??
The master knows exactly the right time to do nothing.
  • #13,579
  • Nov 25, 2014 3:55am Nov 25, 2014 3:55am
Quoting Au.trader
{quote} How to trade the GBP inflation report taking position with 15 SL two minutes before the news or watching the chart like a hawk ??

I suggest you place the order before.


Here we goooo! I stayed up all night for this.
Invest in alarm clocks
  • #13,580
  • Nov 25, 2014 3:59am Nov 25, 2014 3:59am
Quoting Tony112
{quote} I suggest you place the order before. Here we goooo! I stayed up all night for this.

Made a coin toss and sold it
The master knows exactly the right time to do nothing.
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