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BurgerKing replied Aug 16, 2006Historic US CPI results as viewed on a GBPUSD chart; On July 19, US CPI was released and it caused a small down surge of 40+ pips. The day before, US PPI caused a minor up surge that slowly reversed on itself over 30 minutes. On June 14, US CPI ...
US Economic Data for AUG 14-18
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BurgerKing replied Aug 15, 2006History tends to repeat itself, so with more historic data, you have better feel of what will repeat. Go to previous months' results. With that, you'd be able to know if a particular news has bearing or not on the market. Likewise, you'd know if ...
How do You know if the news will be an impact?
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BurgerKing replied Aug 15, 2006Straddle 10 pips away, 10 pips stop, open or 20 pips limit and hope that the broker will not enter you 5 pips above your limit for the spike down to close for a loss.
Feelings about CPI
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BurgerKing replied Aug 15, 2006I was informed that we will know from this meeting why one of their board member died last month. Rumor has it that one of the dessenters shot and killed him. Isnt this meeting juicy? Everyone one in the financial market will have their ears glued ...
How do You know if the news will be an impact?
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BurgerKing replied Aug 15, 2006I hope they came back with a vengeance! (ie, make it 200 pips).. hehehe We'd be killing FX brokers if that happens. As it is, brokers are closing the doors on news traders
UK News - Tuesday Morning
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BurgerKing replied Aug 15, 2006You may want to WAKE UP again tommorrow for the UK BoE Meeting Minutes.
UK News - Tuesday Morning
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BurgerKing replied Aug 15, 2006? Whats that suppose to mean ? Are they saying we should go LONG again?
US Economic Data for AUG 14-18
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BurgerKing replied Aug 15, 2006I managed to win 40 pips from PPI via FXCM. My straddle script over at MT4 did not execute - I forgot to turn on "Live Trading". Oh well.. Still a good day...
US news today - great volatility?
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BurgerKing replied Aug 15, 2006I know. It is called HINDSIGHT and no way can we have "FORESIGHT"...
UK News - Tuesday Morning
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BurgerKing replied Aug 15, 2006Did you know that after the news, GBPUSD had been oscillating between 1.8880 and 1.8860 3 times? If you could have sold everytime it hits 1.8880 and bought everytime it hits 1.8860, you could have won extra 60 pips?
UK News - Tuesday Morning
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BurgerKing replied Aug 15, 2006I decided NOT to straddle the UK CPI... I dont know why .. perhaps I chickened out
I should be more "consistent". I could have easily made 25 - 30 pips there - it was hanging around 1.8920s and my natural entry would have been 1.8900. It ...UK News - Tuesday Morning
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BurgerKing replied Aug 15, 2006The release caused a 40 pip spike. Not really bad and if we straddle we could have won 10 pips! I managed to place a LONG after the initial spike. However, I was not able to CLOSE it when I was winning 7 pips and it stopped (break even). I think it ...
UK News - Tuesday Morning
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BurgerKing replied Aug 15, 2006I am no chart expert; from what I see, GBPUSD is in a precarious stage not knowing where to go long or short. This coincide with an analyst "7daysahead" as forecasted on CNBC a minute ago; GBP index is on a long term down trend but currently stopped ...
UK News - Tuesday Morning
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BurgerKing replied Aug 15, 2006Historical results: July 18, it caused a 30 pips movement on the 1st minute then slowly reverses 10 minutes later. NOTE: Estimate was lower than actual figure June 13, same thing happened. But this time, it immediately reverses on the very 1st ...
UK News - Tuesday Morning
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BurgerKing replied Aug 14, 2006Set your alarm clocks; rest now so you dont feel light headed later. Its going to be a busy day ahead!
UK News - Tuesday Morning
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BurgerKing replied Aug 14, 2006Hi, Im glad you looked at the VT forum - and in case you have TASC magazine, you could get to understand the whole strategy as well. Make sure you have it running for several months as well. BTW. Would it be also possible if the EA were to scale up ...
request: RSI + ATR
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BurgerKing replied Aug 14, 2006WOW! You got good charting there. What is your charting setup? Indicators? TimeScale?...
UK Terror
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BurgerKing replied Aug 14, 2006I no longer rely on FXCM price during volatile market and uses NF (or other broker) instead. Indeed the price will freeze if its moving in your favor and very fast if against your position. In one instance (last friday), GBPUSD frooze at 1.8940s ...
Broker's Connections down...
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BurgerKing replied Aug 14, 2006The following supports were tested and retreated back. EURUSD support 1.2715 GBPUSD support 1.8990 Are these supports strong enough for us to bank a buy at these points?
Euro GDP coming out