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  • #14,901
  • Apr 17, 2016 5:13pm Apr 17, 2016 5:13pm
Tony, the calendar is quite busy this week. Thoughts on which ones you'll trade? I tend to stay away from speeches...
TULKAS
  • #14,902
  • Apr 17, 2016 5:51pm Apr 17, 2016 5:51pm
Quoting ALFtrade
{quote} Pretty sure the slippage you get from an ecn will eventually errode any profits will this technique. That's the nature of an ecn, no one is wanting to fill your stop loss order at that price. Need to get a list of decent market makers and rotate them. I sometimes use a technique where I sell 50% of my positions at a certain pip take to lock in profits and then let the remaining 50% run to my larger take profit. All depending on market sentiment and the deviation
I am not so sure about that yet. I get some positive and negative slippage on exits, so that is a wash I think. Entries are fine with this technique. The hard part is choosing the SL and TP to deal with the spread and exit targets (exits are always my issue). What is not to like if you get 100 pips TP (or even 60 pip TP) with a 30 pip SL on one out of three trades, or one out of two if you are lucky? I've been trying it with straddles and it works sometimes. I get a lot of break-even trades, some losers, and a some winners that make up the losses and more.
  • #14,903
  • Apr 20, 2016 8:13am Apr 20, 2016 8:13am
Quoting Tulkas
Tony, the calendar is quite busy this week. Thoughts on which ones you'll trade? I tend to stay away from speeches...

Sorry for the late reply. I will trade crude oil, min bid rate, ecb conference, and cad core cpi, all with a 16 pip sl. As simple as that. The speech: try 1 or 2 attempts max with a 12 pip SL.
Invest in alarm clocks
  • #14,904
  • May 2, 2016 7:27am May 2, 2016 7:27am
Quoting Tony112
{quote} Sorry for the late reply. I will trade crude oil, min bid rate, ecb conference, and cad core cpi, all with a 16 pip sl. As simple as that. The speech: try 1 or 2 attempts max with a 12 pip SL.
Hi Tony
Do you trade with this method Now? i mean is it work?
  • #14,905
  • May 18, 2016 7:06am May 18, 2016 7:06am
HI，do you catch the GBP？
  • #14,906
  • May 18, 2016 11:00am May 18, 2016 11:00am
Quoting leescofield
HI，do you catch the GBP？
Hi Lee,

I placed the proper long entry 2 minutes before announcement, pulled stop to b/e after initial pop and let it stop out. I was pretty convinced that long was the proper direction and was right, just not initially.

Very good AUD Employment tonight to trade!
TULKAS
  • #14,907
  • May 29, 2016 10:20pm May 29, 2016 10:20pm
don't forget the unlisted OIL news tuesday at 4:30 pm NY time
Attached Image (click to enlarge)
Click to Enlarge Name: newss1.jpg Size: 154 KB
Invest in alarm clocks
  • #14,908
  • Jul 7, 2016 6:13pm Jul 7, 2016 6:13pm
Tony where you get unlisted news?
"Hoe ur pips mate?" fxcarllos
  • #14,909
  • Jul 13, 2016 4:50pm Jul 13, 2016 4:50pm
Quoting Tony112
don't forget the unlisted OIL news tuesday at 4:30 pm NY time {image}
Tony, what happened? Why dont you post about news trading?
  • #14,910
  • Jul 15, 2016 2:27am Jul 15, 2016 2:27am
Quoting Naokia980
{quote} Tony, what happened? Why dont you post about news trading?
If he bought the pound yesterday (which I am sure he did ), he should be on holiday now.
  • #14,911
  • Edited 7:55pm Jul 20, 2016 7:38pm | Edited 7:55pm
Hi all,


Been awhile since I commented in a forex system here in FF. But this topic really grabbed my whole attention in every way possible...

So let's get started...

My name is Luis I've been a forex trader since I was 16/17 years old and I learned it all the HARD and PAINFUL WAY, 25 atm. And I'm very close to finding my nirvana state, where I can finally feel and see for myself how the mindset of forex really works for the sucessful side around the world. So I can join the party aswell, yes you all heard me I believe it's 100% a mindset, imo it's stupid to believe in systems where 1000 indicators exists in 1 tpl and pray to be lord of pips in the next day...

Overall, I read a few posts about Tony and I was super inspired, since my story is similar to his. But let's get going shall we?
http://www.forexfactory.com/attachme...1&d=1419156951 - I've seen here SL:18 TP:120, how can I know which direction to put the trade in? Also I've seen 5sec charts and 1min charts, please enlight me in all of this, I can't wait to learn more about it...


Thank you for those who read my brief, and I'm very grateful to Tony for opening this thread!

My Fav 3 quotes of all:

"When the answer is simple, God is speaking" - Albert Einstein
"Sharing is caring"
"Once a trader always a trader"

"When the answer is simple, God is speaking" (Albert Einstein)
  • #14,912
  • Jul 22, 2016 3:15pm Jul 22, 2016 3:15pm
tony,
Why the change in the system from the first? Do you still think watching for 5 second pushes is profitable?
MW
  • #14,913
  • Aug 8, 2016 10:43pm Aug 8, 2016 10:43pm
Quoting OneLegend
Hi all, Been awhile since I commented in a forex system here in FF. But this topic really grabbed my whole attention in every way possible... So let's get started... My name is Luis I've been a forex trader since I was 16/17 years old and I learned it all the HARD and PAINFUL WAY, 25 atm. And I'm very close to finding my nirvana state, where I can finally feel and see for myself how the mindset of forex really works for the sucessful side around the world. So I can join the party aswell, yes you all heard me I believe it's 100% a mindset, imo it's...
Any direction... let the coin flip decide... as long as you have the edge.
Invest in alarm clocks
  • #14,914
  • Aug 8, 2016 10:43pm Aug 8, 2016 10:43pm
Quoting malachi
tony, Why the change in the system from the first? Do you still think watching for 5 second pushes is profitable?

Times have changes, a 10 pip on the 5 second chart isn't the same as it used to be in 2007
Invest in alarm clocks
  • #14,915
  • Aug 8, 2016 10:49pm Aug 8, 2016 10:49pm
Guys, I'm still alive. Just enjoying life. As I get older, I'm getting smarter as well ... and I follow my rules... life becomes more stable and more boring... no more crying out of joy or out of pain... no more holes in the walls.. no more late night sidewalk rolling... but you know what? It's called the conscious success... the last step. Welcome to the high clouds... up here.... and above, there's no more wind.. or gravity. No sound... and a lot of things are out of sight
Invest in alarm clocks
  • #14,916
  • Aug 10, 2016 3:44am Aug 10, 2016 3:44am
Quoting Tony112
Guys, I'm still alive. Just enjoying life. As I get older, I'm getting smarter as well ... and I follow my rules... life becomes more stable and more boring... no more crying out of joy or out of pain... no more holes in the walls.. no more late night sidewalk rolling... but you know what? It's called the conscious success... the last step. Welcome to the high clouds... up here.... and above, there's no more wind.. or gravity. No sound... and a lot of things are out of sight
Glad to see you are ok Is there any change on system? Any other rules? Still use Oanda as your main broker?
  • #14,917
  • Edited 10:02am Aug 17, 2016 9:40am | Edited 10:02am
IMPORTANT INFO PLEASE READ

28 pips slippage on oanda

I will quit them



------

chat support:


I've been a client for 10 years
10:41:06 AM

started with Oanda usa.
10:41:13 AM

right now I'm retesting your software and capacity as a broker to handle trades
10:41:43 AM

hence, I'm putting in doubt your ability to handle trades
10:41:59 AM


ok
10:42:12 AM
Jason

Jason
Ok
10:42:34 AM


explain this:
10:42:38 AM

08/17/16 10:30:00 AST CloseTradeS BCO/USD 48.97900 48.69100
10:42:39 AM

STOP LOSS was at: 48.69100 on oil
10:43:01 AM

you guys SLIPPED to 48.97900
10:43:14 AM

29 pips slippage
10:43:37 AM

in the beginning, oanda was known for big spreads but NO slippage
10:44:00 AM

Nowadays, you guys also carry huge slippage? where is the future going?
10:44:29 AM

Jason
One moment please while I retrieve your account information.
10:44:38 AM
Me

29 pips slippage
10:44:47 AM
Jason

For the security of your account, before we can continue I need to verify a few security questions.
Please provide your full name.
10:45:14 AM

etc...



10:50:32 AM
Jason

Thank you
10:50:54 AM

One moment please
10:50:56 AM
Me

I've trading hundreds of millions of dollars with oanda since the beginning and do not trust you anymore. Because the broker has become weak and slips my orders nowadays. Times have changed and you have too. I was able to tolerate you but you have pushed the limits too far. I quit you!
10:53:12 AM


Jason
At 10:30 there was a big movement(gapping), ask price jumped from 48.63 to 48.979 in 1 tick. Thus your stop is executed at the first available price after it ran over your stop lozz.
10:56:27 AM

Me
you didn't use to act like that. Stop loss is spelled, not stop lozz!!!
10:57:09 AM
Jason
I apologize for stop loss
10:57:39 AM

Me
There was no slippage before! You have deeply decieved me after all those years!
10:57:49 AM
Oanda was know for great stop-loss and great order execution nevertheless it had big spreads! Now, it's all over.
10:58:32 AM
It's over between my and this company after so many years of trust!
10:58:49 AM

10:58:49 AM
I cannot trade nor trust you!
11:00:52 AM
Jason
I'm sorry to hear that. But price gapping is a market risk that applies to all market trading
11:00:56 AM
Me
Your broker is weak!
11:01:06 AM
Jason
I'm sorry to hear that.
11:01:20 AM
Me
No I'm sorry!
11:01:38 AM
Attached Image (click to enlarge)
Click to Enlarge Name: slippageoanda.gif Size: 34 KB
Invest in alarm clocks
  • #14,918
  • Aug 17, 2016 9:41am Aug 17, 2016 9:41am
Aud emp tonight. Excellent consistency for this trade.

Hope all is well, Tony
TULKAS
  • #14,919
  • Aug 17, 2016 9:48am Aug 17, 2016 9:48am
Quoting Tony112
28 pips slippage on oanda I will quit them {image}
Hi
Can you explain what happened here?

Was it a stop order that got filled late? ..
  • #14,920
  • Aug 17, 2016 10:08am Aug 17, 2016 10:08am
Quoting pulke
{quote} Hi Can you explain what happened here? Was it a stop order that got filled late? ..

Exact! latency, inconsistency, slippage, gaping
Invest in alarm clocks
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