Stop ordering the news | Forex Factory

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Stop ordering the news

  • #1
  • First Post: Edited Oct 19, 2017 2:30am Aug 31, 2016 11:11am | Edited Oct 19, 2017 2:30am
Hi All

I follow vvFish and find it fun to trade the news. Only difference is I use pending stop orders. Through volume anaysis and price action leading up to the news event I dtermine which way the price is likey to move.

Any way anyone welcome to comment and join in - I'm in demo testing web MT4 with XMwhich seems to have some issues with platform freezing during events .

Added a TE to see how it goes - ignore those GBPJPY trades was just messing around which seemed to burn me
  • #2
  • Sep 1, 2016 2:31am Sep 1, 2016 2:31am
3 news events worth trading today. Though only trading smaller lots on the Unemploymeny claims release
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  • #3
  • Sep 1, 2016 3:23am Sep 1, 2016 3:23am
ok just waiting for signal to see which stop order will be the larger lot size
  • #4
  • Sep 1, 2016 3:29am Sep 1, 2016 3:29am
Quoting bulltrader13
ok just waiting for signal to see which stop order will be the larger lot size
ok short bias
  • #5
  • Sep 1, 2016 3:30am Sep 1, 2016 3:30am
Quoting bulltrader13
{quote} ok short bias
or not but got my long in - got gapped there too - and closed it all but looks like should of held it
  • #6
  • Sep 1, 2016 3:33am Sep 1, 2016 3:33am
Quoting bulltrader13
{quote} or not but got my long in - got gapped there too - and closed it all but looks like should of held it
Didn't think you could get gapped so much in demo but red line is were my order was around
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  • #7
  • Sep 1, 2016 3:47am Sep 1, 2016 3:47am
Back to work now - going to leave the Unemployment release and come back for the ISM PMI
  • #8
  • Sep 1, 2016 7:17am Sep 1, 2016 7:17am
Ok might trade news out in 15 - bored now - not going to straddle just put one directional PO
  • #9
  • Sep 1, 2016 7:29am Sep 1, 2016 7:29am
Going for a long - update pulled order price to slow
  • #10
  • Sep 1, 2016 9:03am Sep 1, 2016 9:03am
Snapped some on the down move - should of taken some profits out but instead closed it all. My broker is hour ahead so looks like the trade is on the wrong place here
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  • #11
  • Sep 1, 2016 9:19am Sep 1, 2016 9:19am
Only trading the constcution PMI tomorrow - NFP going to be to wild to trade
  • #12
  • Sep 2, 2016 3:22am Sep 2, 2016 3:22am
Lets see if Construction will be as good as manufacturing
  • #13
  • Sep 2, 2016 3:33am Sep 2, 2016 3:33am
Closed for tiny profit - gapped up and XM just froze so couldn't move my sl. Was lucky to get out when I did. Starting to notice that XM MT4 freezes during high volatility times which isnt great for news trading
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  • #14
  • Sep 2, 2016 7:41am Sep 2, 2016 7:41am
Ha that went well -=knew I shouldn't have traded NFP. Was a bit of a f-up on my part as didn't move my short stop quick enough before the news and it got triggered just before the release - then trying to bring my SL down on it I grabbed my long order instead and brought that down which then got triggered - boom 2 big losses
  • #15
  • Sep 2, 2016 8:58am Sep 2, 2016 8:58am
Hey Hmsr

Cant send more than one PM per 24 hours but heres the link: http://www.forexpeacearmy.com/forex_news_calendar/. Though like I said its been offline for last few hours, but you are able to filter on any specific news event and it will pull years worth of prvious results and you can check the chart on those exact releases. Will have to check about helping as got a full time job but might have a couple of hours a day to help out
  • #16
  • Sep 2, 2016 9:18am Sep 2, 2016 9:18am
Hey bulltrader13, Thanks, for he link. I will try to compile before the next nfp atleast.
'stop ordering, the news!' haha funny play on the title.
HMSR
  • #17
  • Sep 2, 2016 9:19am Sep 2, 2016 9:19am
Quoting Hmsr
Hey bulltrader13, Thanks, for he link. I will try to compile before the next nfp atleast. 'stop ordering, the news!' haha funny play on the title.
Haha!
  • #18
  • Sep 2, 2016 5:10pm Sep 2, 2016 5:10pm
Quoting bulltrader13
Cant send more than one PM per 24 hours

So What happenned? It looks like you've been posting happily for 6 years before being cast away as a soulless member.
(fyi idle open tab hence always viewing)
HMSR
  • #19
  • Sep 5, 2016 2:58am Sep 5, 2016 2:58am
Quoting Hmsr
{quote} So What happenned? It looks like you've been posting happily for 6 years before being cast away as a soulless member. (fyi idle open tab hence always viewing)
Ha had an idea to try get some capital built up through being an affiliate of IG, which never picked up. Plus working so didn't get much of a chance to trade all day - hence prefer to trade news as know when I can quickly check markets
  • #20
  • Sep 5, 2016 3:58am Sep 5, 2016 3:58am
Crap habit of pulling profits to early! Got to try hold off for 1st 5 min
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