Currency Trading Dec 11th-15th

[jacinto]

Thanks v much for your time posting this, J. Will have a good look later .

no worries mate

 

[ChowClown]

Long 9624.6 and trailing....

 

[jacinto]

Long 9624.6 and trailing....

nice one, me got in before the news and did end up sweating it

good luck

 

[Baruch]

Long 9624.6 and trailing....

How did you get in after the news? It spiked to around 40...

 

[ChowClown]

How did you get in after the news? It spiked to around 40...

...filled at 9:30 with Oanda on the news...

 

[Baruch]

...filled at 9:30 with Oanda on the news...

Strange.

 

[jacinto]

nice one, me got in before the news and did end up sweating it

good luck

and just added at 32

 

[ChowClown]

Strange.

...not really

 

[jacinto]

and just added at 32

the added position is out at BE, rest locking +20 at 16

 

[ChowClown]

Long 9624.6 and trailing....

stop now -10. 10:05 moved to b/e.

 

[Baruch]

...not really

But look at the spike...

 

[ChowClown]

..i'm looking, what's your point? I was filled as the 9:30 news was released. You can see the entry marked on the chart in the middle of the 9:30 1 min candle...it went on to form the spike....afterwards!

 

[Baruch]

..i'm looking, what's your point? I was filled as the 9:30 news was released. You can see the entry marked on the chart in the middle of the 9:30 1 min candle...it went on to form the spike....afterwards!

My point is that the price jumped around 30 pips to 40. But if Oanda filled you lower than 40, it's very good.

 

[ChowClown]

OK, glad we got that straight .....now within a few pips of being stopped b/e.

 

[Offshore Trader]

Very frustrating. Cable just doesn't seem to go in a straight line in Euro time at the moment.

Baruch, I think having a broker/ spreadbetter who is good at stops is essential if you are trading a breakout strategy. City Index filled me bang on the money again, in the "gap"

It might be very quiet now with the FOMC tonight except for a bit of action at 1.30

 

[Baruch]

Very frustrating. Cable just doesn't seem to go in a straight line in Euro time at the moment.

Baruch, I think having a broker/ spreadbetter who is good at stops is essential if you are trading a breakout strategy. City Index filled me bang on the money again, in the "gap"

It might be very quiet now with the FOMC tonight except for a bit of action at 1.30

They must be bucket shops when you get those wonderful fills. You can't get them in the real market.

 

[Baruch]

Rob got 112 pips trading Cable yesterday:

http://www.kingforexsignals.com/robtrades1206.htm

 

[Offshore Trader]

They must be bucket shops when you get those wonderful fills. You can't get them in the real market.

Well, if it works, don't knock it :cheesy:

 

[a_gnome]

Rob got 112 pips trading Cable yesterday:

http://www.kingforexsignals.com/robtrades1206.htm

He seems to be doing pretty well at present. Do you know anyone who actually subscribes to this service?

 

[tradewinds]

He seems to be doing pretty well at present. Do you know anyone who actually subscribes to this service?

Does this performance factor in the spread? IF not then these 100 trades would cost 400 pips in spread at 4 pip spread. That would leave 150 pips profit. Short term may suffer from slippage, of 1,2 or more pips per trade.

If this guy is such a good trader why does he need £150 a month from others. I m not knocking it but very sceptical and personally I wouldnt go near any signal service. All successful traders of the past caution against using signal services.