Richard Hill Forex Net Trap

[peterf1966]

Same here with IG. Anyone get slippage on ETX or CS etc ?

M

901 on etx, no slips.

 

[Claviceps]

Morning folks,
managed to enter @ 14900 - MNT banked very quickly, NT looking good as I write (fingers crossed again)

 

[stevepatt]

I tried to enter at 14901 on IG but only got in at 14905 so had 4 pips slippage.

 

[Wagtail]

I tried to enter at 14901 on IG but only got in at 14905 so had 4 pips slippage.

I'd call and dispute that with them. I only got 1 pip slippage on ig too.

 

[tjw]

Did most people enter at 14901 ?

I entered at 14902 - slippage.

 

[SA Trader]

Nasty 25 pip drop in 10 mins....did anyone bank profit at +30 ?

 

[peterf1966]

Nasty 25 pip drop in 10 mins....did anyone bank profit at +30 ?

inevitable that - high RSI. No, too early to trail.

 

[peterf1966]

Resistance at 14915, RSI chart showing it's fairly overbought! Might take a few waves to brake through

agreed, wave 2 building now.

 

[Tanguero]

agreed, wave 2 building now.

What is your starting pivot?

 

[Tanguero]

For wave-count, the best-case scenario is that we are having an impulse developing from Friday 4pm. If so, first half of the overnight action is (2) down and a zigzag. If so we are now in (4), which should be a triangle.

 

[pseudo straddle]

For wave-count, the best-case scenario is that we are having an impulse developing from Friday 4pm. If so, first half of the overnight action is (2) down and a zigzag. If so we are now in (4), which should be a triangle.

If RH is reading this he must be tearing his hair out!

:whistling

 

[bombettor]

0 pips today!

 

[Melb]

+10 MNT
-4 NT

= +6 TNT 60/60 for me today...

 

[Melb]

Was toying with another TNT variant - 3NT?

3 orders:-

1) Standard NT (+50 target)
2) (+20 target)
3) MNT (+10 target)

equal lot sizes...

If the MNT and second orders are hit then worst case scenario is break even on NT...

Advantage over 60/40 TNT is that this would require 3%MM instead of 4%

.....

 

[Claviceps]

Lost my bottle this morning and left on the 07.30 candle for +20 pips ,but adding in 10 from MNT makes it a satisfactory effort .
Am eagerly awaiting RH's Monday epistle.

 

[BigDunc]

0 pips here too, trailed the stop loss up to my entry point (sorry RH), wondered about taking +25 but eventually left with nothing.

 

[Tanguero]

Another breakeven day for me. When will I learn to be less ambitious...

 

[BigDunc]

Just wondering: for those running both NT and MNT are you entering both on the same dealing platform? Setting up one then doing the other straight after?

 

[Melb]

wondered about taking +25 but eventually left with nothing.

Haven't we all been there ... Other days we will curse ourselves for getting out too early and missing the continuation...

 

[Melb]

Just wondering: for those running both NT and MNT are you entering both on the same dealing platform? Setting up one then doing the other straight after?

Yes I setup 2 tickets with most of the info filled in - then just add the price... At 08:29 today the entry price was pretty obvious - at 08:30 clicked submit on both...

This morning both orders took around 30 seconds to fill while price bobbed around 14900 - 14901.4... Then as price then begun to rise both orders filled at the same time at 14902... - It is only 1 pip but the market was quite steady at the time and price of entry - for a good 30 seconds... This is not a good sign and does not bode well for IG... The fact that the other platforms have not experienced this slippage even on volatile mornings is pushing me to look elsewhere...