ASSTASTIC!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Central Banks & Big Players

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Central Banks & Big Players

Sound advice! All my stops are now below 20 pips but I hedged this baby. I am long AUD/USD, EUR/USD, USK/DKK and USDY/JPY.

Central Banks & Big Players

What I love about USD/DKK is that it is the 100% inverse of EUR/USD. So even us suffering from FIFO can still hedge this baby!

Central Banks & Big Players

The glass is half spilled all over my shirt.

Central Banks & Big Players

Yeah, it's all damn speculation. If you look at a different time frame you can make up whatever you want. Is the glass half full or half empty? What came first the chicken or the egg?

Central Banks & Big Players

I am long USD/JPY and EUR/USD.

Central Banks & Big Players

But, with so many failed attempts it still works out to 30 pips...? Anyway, everyone has there own strategy.

Central Banks & Big Players

A potential 150 pips in 1.5 hours on EUR/JPY. Not too shabby. Oh, and the SL could have been about 26 pips. So I guess that's around a 1:6 R/R. Not bad at all. So Tony your heads or tails story should go like this... Would you play heads or tails if ...

Central Banks & Big Players

The actual rate decision didn't even cause this spike it was ECB Press Conference and I don't trade speeches so I won't even be trading tomorrow. It will be a nice day off!!! So you are totally correct about the BOE and ECB Rate Decisions. ...

Central Banks & Big Players

Yes, that is exactly why I will only be entering into long positions because of the way that MT4 plots the charts. Yes, I actually lost my EUR/AUD trade tonight because of the spread widening. But, not because the price moved against me because it ...

Central Banks & Big Players

Which broker do you have? I usually don't have slippage like that. I haven't had slippage like that in awhile.

Central Banks & Big Players

I don't know about your trades, but for me I know what the problem was. MT4 plots the charts using the "bid" price so therefore the charts are favorable for long positions. All of the times I have ever been stopped out unjustifiably I was in a short ...

Central Banks & Big Players

Agreed. I have to stick to this too. I would have made a killing tonight.

Central Banks & Big Players

[quote=jeetvirk;7322418] Yeah, would have been about 70 pip gain on EUR/AUD. Yes, always be buying is good.

Central Banks & Big Players

I was in 4 trades 2 of them should have been winners. But, only 1 was a winner and it actually made up for all of the other 3 losers. haha This is why this was worth trading. If this EUR/AUD spread spike wasn't a bastard, it would have added another ...

Central Banks & Big Players

I don't know what kind of strategy you have but I never use an 80 pip stop loss. lol

Central Banks & Big Players

Yes, very smart to always be buying. The spread won't knock you out of the trade.

Central Banks & Big Players

I straddled this baby. And, I barely broke even. I was also short EUR/AUD my stop was 14 pips away from price and they closed me out because of the widening spread. That really pisses me off. I should be sitting on a nice trade right now. Either ...

Central Banks & Big Players

Well, I will be trading the European Rate Decision at least. Last month EUR/AUD saw at least a 130 pip spike.

Central Banks & Big Players