News trading discussion - continuation

Good morning, vvFish.

I like the horizontal lines drawn in the main chart window, from the beginning of London open that is seen in your recent videos above. Is it something you can share?

toppo

Good morning, vvFish.

I like the horizontal lines drawn in the main chart window, from the beginning of London open that is seen in your recent videos above. Is it something you can share?
You are the first who asked for these lines. Archive has long existed.
To be careful, you can understand the double Applicability of these lines.

Thank you vvFish. I did apply the indicator but it does not give the lines I am talking about. It is the light blue horizontal line, with "London" text below.


Am I doing something wrong?
toppo

PS: I am away from PC for a few hours.

I have two different time brokers.

skalping.

Hey Ladies n Gents,

(Somewhat off topic)
I don't do news trading at all, in fact I try to avoid it. I do however have a strange idea that's interested me for sometime, I'd like to hear your more experienced (News Trader) thoughts on the matter:

I'm sure you've all experienced the following:
Your Trading Account is funded with your entire/most of your Capital....
You place a pending order before the News of average lot size, It gets slipped.
Perhaps it hits Stop Loss of Perhaps it doesn't. If it's a Slipped winning trade you make quite a bit more than expected, or lose quite a bit more than expected due to slippage if it's a Loss.

There is this other option which is essentially a Hard Stop Loss that IMO cannot be exceeded... By doing what is described below you do have a guaranteed Stop Loss that cannot be slipped! (Dollars not pips)

If an Individual News Trades by using Limit Orders just before the News, with average Lot Sizes.
There can be some logic behind placing the trade.... but it doesn't have to be a concrete method (I'll explain why) the focus is not so much on a system but taking advantage of Broker Policies:
Your Broker must have: "Negative Balance Protection" and "Positive Slippage"
In your Trading Account Fund it with JUST the dollar amount you would like to risk for that particular trade, say $100. If your Trade gets slipped you lose no more than $100. If your trade gets slipped in your favour you may earn a significant amount more than expected. Use a Risk/Reward of 1:1, and of course try and use a wide enough Stoploss to avoid "whipsaws"

So with Margin Calls, and Spread Factored in. What do you think? I'm not suggesting anyone trade using this method as it's just a theory I've been thinking of.

Thanks guys. Hopefully there are some opinions on the matter.

Goodluck and Godbless!

Rparm

Thank you vvFish. I have mixed up Brilliant News and Brilliant Session indy's. I am clear now.

Re. the AUD news, the timing was 15 min. earlier than the FF calendar. We missed a big fish!

toppo

Lol, it was cny unscheduled policy news that caused the drop. Know your homework.

Slow PA, manual exit. Good night. toppo

Tnk you vvFish + 5 pips ))) one qwestion pls ... where can take a files system ... Thanks a lot !

skalping. Crude Oil.

????

http://www.forexfactory.com/showthread.php?t=493948
Start.
The first five pages required.

Tnk you will read it again ... Dont stop your posts ... Its the best Ive seen !!!

US crude oil scalping. Trailing set at 4, 1, 4. Should have entered much earlier.

Hey, I'm pretty new to news trading, however I have made a couple of trades over the last couple of days which are kind of relying on the EUR dropping. I am pretty intrigued to see what will happen this afternoon following the Greek debt crisis vote, and just wanted to see what everyone expects to happen to the EUR following this big news?

Thanks!

At 10:30 am EST the EIA will release Crude Oil Inventories.

Good luck everybody!