Sorry Claudius, I did not express myself clearly. Tony only goes long, and only on specific news events (shown on 1st page). Therefore, if you are doing anything different to him, which is what you were alluding to in your post, you cannot compare ...

Central Banks & Big Players

Good results Aahmad. One news event? One pair? I can't really see much from your images (cannot click on them for some or other reason, and they are cropped so pairs are not visible either.) Cheers H

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Google is wonderful, isn't it? Just don't go believing everything you find there, I mean there are 400 gazillion pages returned when you search "successful forex trading strategy" Just in case you got the wrong definition / language, it means ...

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Eina, I hope that the week turns around for you... H

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Thanks for the reply Pipkiller. And supply & demand is also known as liquidity then? Which would make my premise that you quoted correct? I am looking at refining the method I am using (and I can see it is moving towards what Tony has been saying ...

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EURAUD short SL for 6.5 pips in the black.

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Thanks Nikolas. I guess I am in a manner of speaking. Thing is with this method (and every other one as well), not every trade will blast off and hit 40 - 200 pips, some will BE and some will hit SL. I know this, and yet for some reason I let myself ...

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You could hedge if your broker allows, or you could straddle the same pair, or you could have gone long / long on xxEUR & EURxx... Many ways to skin that cat...just keep in mind that in doing what you are doing, or any of the above, you have changed ...

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In short EURAUD, SL already @ BE...

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Guys, help me out here, someone made a statement earlier, and it makes sense, and I cannot believe that I had not thought of it earlier.... Slippage is a function of liquidity not so? Therefore, trading news spikes during the pacific / asian session ...

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This, unfortunately happens everywhere my friend, it's just the poorer the country, the more apparent the vulgarity of the ruling class becomes...I hope your friends are okay... H

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Erm, I know you were considering it, but have you removed the German Zoo fest from your list of approved trades then? H

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Hehehehehehehe Just don't scratch your nose with either hand

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Eish, it looks like there is quite a bit of support there...how large is your SL?

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*Yawn* well that's a wrap for the week folks, see you next week.... H

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If you look at the daily and REAAAALLLLLLYYYYYYY use your imagination you can see a H&S formation just completing at a relatively significant support, which if broken, has no real support to speak of below it so, Tony's summation appears to be ...

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So, will you be trading USDJPY short this afternoon then? Or are you just in the short as it stands? Welcome back btw, we were worried one of the disco balls had fallen on you or something H

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So, USD PPI was also a snooze fest, even with numbers coming in weaker than expected??? Huh? Cheers H

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I do not think that you can "guarantee" a stable income on a month to month basis from Forex, some weeks/months would be winners, others flat or losers...At least that is what I have concluded, maybe others would have a different opinion. H

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Thanks for the kind words Wigglesworth, I really appreciate it, but I agree with FX, this thread is not the place to rant and rave, it should be kept pure and not hijacked into another direction...I 'spose I need to find a comfortable couch and ...

Central Banks & Big Players