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  • #14,061
  • Mar 4, 2015 8:27am Mar 4, 2015 8:27am
I'm trading the rate statement in about 30 minutes
Invest in alarm clocks
  • #14,062
  • Mar 4, 2015 8:48am Mar 4, 2015 8:48am
Quoting Tony112
I'm trading the rate statement in about 30 minutes
What pair? usdcad?
  • #14,063
  • Mar 4, 2015 9:04am Mar 4, 2015 9:04am
Perfect SL
Attached Image (click to enlarge)
Click to Enlarge Name: cadrate.gif Size: 55 KB
Invest in alarm clocks
  • #14,064
  • Mar 4, 2015 9:09am Mar 4, 2015 9:09am
tony do you have any advice about how to manage the large spread prior to the news release? I entered the trade correctly but got stopped out due to slippage
  • #14,065
  • Mar 4, 2015 9:25am Mar 4, 2015 9:25am
AWESOME TONY....
  • #14,066
  • Mar 4, 2015 12:01pm Mar 4, 2015 12:01pm
Quoting Tony112
Perfect SL
Good job there.... You and your broker...just like CENTRAL BANKS AND BIG PLAYERS....its not only about money its also about living (trading) on your terms....Extrapolated -one make Gods terms his terms
Know News/time; WAIT for Edge Entries, MPLC Normalization, Exits & TP's..
  • #14,067
  • Mar 4, 2015 1:10pm Mar 4, 2015 1:10pm
Quoting mblake8
tony do you have any advice about how to manage the large spread prior to the news release? I entered the trade correctly but got stopped out due to slippage
2 things during major news:

-wide spread (max spread 20 pips)
-slippage

2 remedies: enter trade before news. (avoid half of spread), slippage control is done by changing brokers. slippage avoiding kings are oanada

if you have a broker that gives you slippage during news, you must quit or will never succeed.
Invest in alarm clocks
  • #14,068
  • Mar 4, 2015 1:27pm Mar 4, 2015 1:27pm
Quoting Tony112
I'm trading the rate statement in about 30 minutes
I missed it due to my work.
Love for all; Hatred for none.
  • #14,069
  • Mar 4, 2015 1:51pm Mar 4, 2015 1:51pm
Thank u very much to share ur knowledge
I have one question (sorry may be it is asked before by any one)
in the first post in the HOW to TRADE: its written either place buy or sell
While in the logic : its written do not sell
So how we decide either to buy or to sell
Other question : in the first post there is just 3 news that u trade , while i am seeing here u chose some other news
thank u again
  • #14,070
  • Mar 4, 2015 4:06pm Mar 4, 2015 4:06pm
yea i was on the same side as you tony on that trade... my sl hit right on the dot!

I wish you "MERDE" on non-farm tony and the others!
  • #14,071
  • Mar 4, 2015 6:43pm Mar 4, 2015 6:43pm
USDCAD 120 PIP.....
Thank u very much....
  • #14,072
  • Mar 4, 2015 9:36pm Mar 4, 2015 9:36pm
Quoting jemy89
Thank u very much to share ur knowledge I have one question (sorry may be it is asked before by any one) in the first post in the HOW to TRADE: its written either place buy or sell While in the logic : its written do not sell So how we decide either to buy or to sell Other question : in the first post there is just 3 news that u trade , while i am seeing here u chose some other news thank u again

Welcome here. I see what you mean. Do not sell, means do not sell my system sorry for the confusion
Invest in alarm clocks
  • #14,073
  • Mar 4, 2015 9:36pm Mar 4, 2015 9:36pm
Quoting wahyusaputro
USDCAD 120 PIP..... Thank u very much....

Welcome!
Invest in alarm clocks
  • #14,074
  • Mar 4, 2015 9:37pm Mar 4, 2015 9:37pm
Quoting beero94
yea i was on the same side as you tony on that trade... my sl hit right on the dot! I wish you "MERDE" on non-farm tony and the others!

Thanks man!! Merde as well lol
Invest in alarm clocks
  • #14,075
  • Mar 4, 2015 9:38pm Mar 4, 2015 9:38pm
Tomorrow I'm gonna trade both: minimum bid rate + the conference... both with a 18 pip SL. Good luck.
Invest in alarm clocks
  • #14,076
  • Mar 4, 2015 11:47pm Mar 4, 2015 11:47pm
Quoting Tony112
{quote} Welcome here. I see what you mean. Do not sell, means do not sell my system sorry for the confusion
Thank u
So how u choose to buy or to sell before the news
  • #14,077
  • Mar 5, 2015 2:37am Mar 5, 2015 2:37am
can anyone tell me how to trade by this strategy? i mean should i open buy and sell trade just before news released ?both buy and sell ?
  • #14,078
  • Mar 5, 2015 2:54am Mar 5, 2015 2:54am
Quoting 5aztv88
can anyone tell me how to trade by this strategy? i mean should i open buy and sell trade just before news released ?both buy and sell ?
Serious? Perhaps you should read the first post of this thread.. And a few other pages, it is all described..
  • #14,079
  • Mar 5, 2015 3:56am Mar 5, 2015 3:56am
Quoting Marin0s
{quote} Serious? Perhaps you should read the first post of this thread.. And a few other pages, it is all described..
maybe i didn't understand,can you tell me?
  • #14,080
  • Mar 5, 2015 5:50am Mar 5, 2015 5:50am
pardon my ignorance, but if you open an order before the news @ 0.5 pip spread for example and 18 pip SL
and your SL is hit during the news while the spread was 12 pip.
does that mean you lost 30 pip ?!
i lose money for a living
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