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London close trading system for currencies

  • #1,341
  • Aug 9, 2016 9:51am Aug 9, 2016 9:51am
Quoting maximumguita
just as a notice: tomorrow is NZD rate decision and for today a probability that the price get pushed higher because it is likly that we will see a rate cut.
Yeah but we are selling not buying? and I'm almost at TP as we speak
  • #1,342
  • Aug 9, 2016 10:00am Aug 9, 2016 10:00am
Quoting srmiller82
{quote} Yeah but we are selling not buying? and I'm almost at TP as we speak
yes...TP hit NU...
I never lose - either I win or I learn...
  • #1,343
  • Aug 9, 2016 10:01am Aug 9, 2016 10:01am
Quoting srmiller82
{quote} Yeah but we are selling not buying? and I'm almost at TP as we speak
i know that you are selling thats why i wrote the notice: can get pushed higher for today! but anyway nice to hear that you did some profit, great
(.)(.) think first ...
  • #1,344
  • Aug 9, 2016 10:01am Aug 9, 2016 10:01am
Quoting jdva
{quote} yes...TP hit NU...

yeah I'm out +10 pips another winner no losers lol
  • #1,345
  • Aug 9, 2016 10:02am Aug 9, 2016 10:02am
Quoting jdva
{quote} yes...TP hit NU...
and UCad as well...
I never lose - either I win or I learn...
  • #1,346
  • Aug 9, 2016 10:02am Aug 9, 2016 10:02am
Quoting srmiller82
{quote} yeah I'm out +10 pips another winner no losers lol
(.)(.) think first ...
  • #1,347
  • Aug 9, 2016 10:04am Aug 9, 2016 10:04am
Quoting maximumguita
{quote} i know that you are selling that why i wrote the notice: can get pushed higher for today! but anyway nice to hear that you did some profit, great

While that may be true this system is based on liquidity falling and price reversing, the likelihood of spikes after 12pm EST in the NY session are very low unless news was happening and that is tomorrow, that's kinda the whole point of the system is the risk is low during this period of price continuing due to London closing and people are unwilling to buy at this price because its already at a daily range I mean why would I want to buy clear up there when the price isn't that good, so we sell, obviously its no 100% but I don't think rate cute tomorrow would matter in fact it may even be a good price from here to sit on and ride it clear through the rate cut but that isn't part of the strategy.
  • #1,348
  • Aug 9, 2016 10:07am Aug 9, 2016 10:07am
- On my own EA (not Retlaw's EA) LOC 23.6 USDCAD closed TP + 14 Pips (16 $) is enough for a Steak

- nothing open now

- NZD is not so a great and heavy currency, it will come only a short fire, if the rate will cut ??
  • #1,349
  • Aug 9, 2016 10:14am Aug 9, 2016 10:14am
Quoting srmiller82
{quote} While that may be true this system is based on liquidity falling and price reversing, the likelihood of spikes after 12pm EST in the NY session are very low unless news was happening and that is tomorrow, that's kinda the whole point of the system is the risk is low during this period of price continuing due to London closing and people are unwilling to buy at this price because its already at a daily range I mean why would I want to buy clear up there when the price isn't that good, so we sell, obviously its no 100% but I don't think rate...


donīt think the price goes up or down because PEOPLE buying or selling. As I said: pushed!!! and it is not unusual that the priced gets pushed one or two days before an event.
btw: i know the strategy
(.)(.) think first ...
  • #1,350
  • Aug 9, 2016 10:19am Aug 9, 2016 10:19am
Quoting maximumguita
{quote} dont think the price goes up or down because PEOPLE buying or selling. As I said: pushed!!! and it is not unusual that the priced gets pushed one or two days before an event. btw: i know the strategy
When is say people I mean banks but people also make up a big % and I know you said pushed but as you can tell by my join date I have been trading a long time, prices don't get pushed it most likely raises before a news event as you said like clockwork because of people exiting positions if your in a long you would have to SELL to exit and vice versa for short this is buying/selling, when a lot of people exit quickly and the NET positions are long it raises the price, the only reason they go NET long because of a lot of shorts exiting, most professional traders unless they are really really long term exit positions before rate cuts or hikes in case of something unexpected happening this almost always causes volatility the day before or days leading up to which makes for very good scalping conditions. Once they are all exited and there are no more buyers the price can start to fall again.
  • #1,351
  • Aug 9, 2016 10:53am Aug 9, 2016 10:53am
NU tp 13.4 pips
  • #1,352
  • Aug 9, 2016 11:37am Aug 9, 2016 11:37am
Quoting brusch
NU tp 13.4 pips
Yup ..
same here
  • #1,353
  • Aug 9, 2016 3:02pm Aug 9, 2016 3:02pm
Quoting srmiller82
{quote} When is say people I mean banks but people also make up a big % and I know you said pushed but as you can tell by my join date I have been trading a long time, prices don't get pushed it most likely raises before a news event as you said like clockwork because of people exiting positions if your in a long you would have to SELL to exit and vice versa for short this is buying/selling, when a lot of people exit quickly and the NET positions are long it raises the price, the only reason they go NET long because of a lot of shorts exiting, most...
Yes, i know, you know, all is great. just wanted to say be careful because i didnīt know where your TPīs have been.
(.)(.) think first ...
  • #1,354
  • Aug 9, 2016 11:25pm Aug 9, 2016 11:25pm
NU TP!


Newbies be warned of emmanuel7788. Hes not true.
  • #1,355
  • Edited 9:18am Aug 10, 2016 8:45am | Edited 9:18am
LOC 23.6 starting in 15 minutes, will see what coming today

with Retlaw's EA 16:00 GMT come not one Order today, all pairs not in the right position
  • #1,356
  • Aug 10, 2016 9:26am Aug 10, 2016 9:26am
EA created orders for me for GBPCHF, EURGBP, GBPAUD, GBPUSD, GBPJPY
  • #1,357
  • Edited 10:28am Aug 10, 2016 9:28am | Edited 10:28am
i took g/j and g/chf manual.

TP on G/J
  • #1,358
  • Aug 10, 2016 11:21am Aug 10, 2016 11:21am
Quoting srmiller82
i took g/j and g/chf manual. TP on G/J
me too, GJ 20,5 pips...GA, GCHF, EG still open..
I never lose - either I win or I learn...
  • #1,359
  • Aug 10, 2016 12:37pm Aug 10, 2016 12:37pm
Attached Image (click to enlarge)
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This is real good stuff.
Newbies be warned of emmanuel7788. Hes not true.
  • #1,360
  • Edited 2:56pm Aug 10, 2016 2:17pm | Edited 2:56pm
16:15 come with Retlaw's EA 2 MarketOrders

1 x GA closed in TP

1 x GF is still open

Trading manually is this system perfect

I can make next week 2 or 3 day's a Webinar from 15:30 GMT - 17:30 GMT us gift
is any interested please sent a PM - but I have only place free 20 -

The log in Link and the password I will sent out Monday and Tuesday

London close 23.6 manually MarketOrders and LimitOrders Live trading

Tuesday 15th - Wednesday 16th - Thursday 17th from 15:30 - 17:30 GMT
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