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How to trade NFP/FOMC and make pips

  • #261
  • Jun 3, 2015 7:40am Jun 3, 2015 7:40am
Quoting MathTrader7
Today I randomly decided to open a Sell basket, and it was also closed in profit: {image}
whats the most open DD youve seen so far with this? whts ur acc balance on .1 lot
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #262
  • Jun 3, 2015 7:42am Jun 3, 2015 7:42am
ScooBidoobi TE gone, the only time traders take out TE is when they goo BOOM!! anyway great system and great mind bro, 500% in two days, seems like you werent using breaks, keep up the good work bro! youre an intelect, great system!
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #263
  • Jun 3, 2015 8:09am Jun 3, 2015 8:09am
Quoting Soros
ScooBidoobi TE gone, the only time traders take out TE is when they goo BOOM!! anyway great system and great mind bro, 500% in two days, seems like you werent using breaks, keep up the good work bro! youre an intelect, great system!
Thanks Soros, I think you are new to this thread. I generally pull out funds once I hit 500% boom (not going Kaboom lol) , this is the second time it hit the target in last 2 weeks. Will repeat and rinse back. It's like benchmark for the system to get the target where I take profits n restart it from scratch. cheers!
Scoobi doobi doo
  • #264
  • Jun 3, 2015 8:16am Jun 3, 2015 8:16am
Quoting Scoobidoobi
{quote} Thanks Soros, I think you are new to this thread. I generally pull out funds once I hit 500% boom (not going Kaboom lol) , this is the second time it hit the target in last 2 weeks. Will repeat and rinse back. It's like benchmark for the system to get the target where I take profits n restart it from scratch. cheers!
which system did you use because clearly you didnt use news system? did you use your other hedge system?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #265
  • Jun 3, 2015 8:21am Jun 3, 2015 8:21am
Hi all,
I already tried math EA during the last US red new and worked great. Closed in profit of 100 using 1 lots.
During periods of high volatility seems to work well. Will try later on ISM.
Attached Image (click to enlarge)
Click to Enlarge Name: ADPNFP03062015.png Size: 24 KB
  • #266
  • Jun 3, 2015 8:48am Jun 3, 2015 8:48am
Quoting chucrut
Hi all, I already tried math EA during the last US red new and worked great. Closed in profit of 100 using 1 lots. During periods of high volatility seems to work well. Will try later on ISM. {image}
Good Job Chucrut!
Scoobi doobi doo
  • #267
  • Jun 3, 2015 8:48am Jun 3, 2015 8:48am
Quoting Soros
{quote} which system did you use because clearly you didnt use news system? did you use your other hedge system?
It's slightly tweaked advanced version of EA uses the concept for news trading or high volatility trading in general
Scoobi doobi doo
  • #268
  • Jun 3, 2015 8:50am Jun 3, 2015 8:50am
Quoting Scoobidoobi
{quote} It's slightly tweaked advanced version of EA uses the concept for news trading or high volatility trading in general

in the news trading strategy, whats the risk realy, whats the worst that could happen that can cause either huge DD or huge risk or the worst BOOOOOM!!
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #269
  • Jun 3, 2015 8:53am Jun 3, 2015 8:53am
Quoting Soros
{quote} in the news trading strategy, whats the risk realy, whats the worst that could happen that can cause either huge DD or huge risk or the worst BOOOOOM!!
This strategy needs a rather large account size.
Trading is the hardest way to make easy money...
  • #270
  • Jun 3, 2015 9:00am Jun 3, 2015 9:00am
Quoting Soros
{quote} in the news trading strategy, whats the risk realy, whats the worst that could happen that can cause either huge DD or huge risk or the worst BOOOOOM!!
there's hedge pending orders waiting for the -ve orders running to cover them and bring it to positive.., DD depends on Money management setup with smaller lots n make would be ideal
Scoobi doobi doo
  • #271
  • Jun 3, 2015 9:02am Jun 3, 2015 9:02am
Quoting MathTrader7
{quote} This strategy needs a rather large account size.

TESTED $1000 ACC size using 0.1lot, max open DD was $35, so please explain your findings, im fairly new here.
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #272
  • Jun 3, 2015 9:06am Jun 3, 2015 9:06am
Quoting MathTrader7
{quote} This strategy needs a rather large account size.
is this one works on live account?
  • #273
  • Jun 3, 2015 9:14am Jun 3, 2015 9:14am
Quoting cyd09
{quote} is this one works on live account?
It may blow up a live account, so we are testing the strategy (and the EA) on demo accounts at the moment.
Trading is the hardest way to make easy money...
  • #274
  • Jun 3, 2015 9:16am Jun 3, 2015 9:16am
I opened two baskets Buy and Sell 4 minutes before ISM news at the same time, on the same demo account with different magic numbers. Both baskets closed in profit:
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-03-06_2.png Size: 63 KB
Trading is the hardest way to make easy money...
  • #275
  • Jun 3, 2015 9:22am Jun 3, 2015 9:22am
Just closed the basket of the ISM in within just 7 minutes with a profit of 100 using 1 lot. Largest DD was -220.
Also thinking if would be a good option that the EA close the position when the waiting pending order get triggered.

Thanks math, scoobie for the work.
Waiting for friday now.
Attached Image (click to enlarge)
Click to Enlarge Name: ISM03062015.png Size: 24 KB
  • #276
  • Jun 3, 2015 9:29am Jun 3, 2015 9:29am
Quoting chucrut
Thanks math, scoobie for the work.
You're welcome! :-)
Quoting chucrut
Also thinking if would be a good option that the EA close the position when the waiting pending order get triggered.
I didn't get your point?
Trading is the hardest way to make easy money...
  • #277
  • Jun 3, 2015 9:32am Jun 3, 2015 9:32am
Quoting MathTrader7
{quote} It may blow up a live account, so we are testing the strategy (and the EA) on demo accounts at the moment.

whats your worst DD in terms of % so far, what has to happen to experience a margin call?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #278
  • Jun 3, 2015 9:39am Jun 3, 2015 9:39am
Quoting Soros
{quote} whats your worst DD in terms of % so far, what has to happen to experience a margin call?
So far the worst DD was 27%.
Trading is the hardest way to make easy money...
  • #279
  • Jun 3, 2015 9:39am Jun 3, 2015 9:39am
Quoting MathTrader7
{quote} You're welcome! :-) {quote} I didn't get your point?
Sorry for my english, try to explain.
We open a buy basket, in the pairs that go south when the double sized pending order get triggered (sell in this case) why not close the original buy order and let go only the new one? Just thinking if the basket would filled early.
  • #280
  • Jun 3, 2015 9:44am Jun 3, 2015 9:44am
Quoting chucrut
{quote} Sorry for my english, try to explain. We open a buy basket, in the pairs that go south when the double sized pending order get triggered (sell in this case) why not close the original buy order and let go only the new one? Just thinking if the basket would filled early.
Now I got your idea
Trading is the hardest way to make easy money...
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