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BabeFX replied Jun 28, 2010Hi schnitzeltra, I have marked on a 1min chart the Frankfurt & London open for today. If you had taken the Trade from the Frankfurt open today, using the method I suggested a number of posts back, you could have banked at least 20 pips profit or at ...
Central Banks & Big Players
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BabeFX replied Jun 28, 2010Hi Tony, Thanks for the reply. I have been following your methodology for a few months now, I really appreciate all the hard work you have put into developing this method. Take care, Regards, BabeFX.
Central Banks & Big Players
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BabeFX replied Jun 28, 2010An easy way for you all to see if this method works ! — Hi Folks, Just to try to help you doubters, confirmation seekers & back test junkies. A few pointers. 1st off Tony has vigorously tested this method using his hard earned cash, he didn't ...
Central Banks & Big Players
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BabeFX replied Jun 24, 2010Hi BJ1, I tend to stick with Eur/Usd. Regards, BabeFX
Central Banks & Big Players
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BabeFX replied Jun 24, 2010Hi BJ1, Yes. Take a look at my previous post ( 2461 I think) the one minute bar Hi/Lo formed in the first minute could make a sensible entry & stop level. Regards, BabeFX.
Central Banks & Big Players
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BabeFX replied Jun 24, 2010Hi Sauron. You mean inside information such as this. Regards, BabeFX.
(binned per thread starter's request) Behind Price-Orderflow
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BabeFX replied Jun 24, 2010Hi morfisher, Yes I have tried placing my stop after entry. However,with this method it requires a stronger will & I can find I am in a losing trade that is quickly reducing my bottom line. For me placing a stop loss & Take profit prior to entry is ...
Central Banks & Big Players
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BabeFX replied Jun 24, 2010Hi Folks Now New York Open. I am already short Eur/Usd stop loss will be moved to B/E for a free trade. If price starts to reverse I will either get out in profit or wait for a retest of my entry. Simply. Regards, BabeFX.
Central Banks & Big Players
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BabeFX replied Jun 24, 2010Hi mannai70; The way I play it is to draw a horizontal line on the chart for the open of each of the main trading periods that is a line for Frankfurt 07.00BST, London 08.00BST & New York 13.00BST Take for example the next opening of the day due in ...
Central Banks & Big Players
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BabeFX replied Jun 24, 2010Hi mannai70, If you have indeed read all the post's on this thread you will see that Tony has changed his style. Tony now trades from the open, and as far as can be made out he trades in the direction of the 1st 5second candle. He was planning to ...
Central Banks & Big Players
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BabeFX replied Jun 24, 2010Possible Head & shoulders On Eur/Usd — Hi Folks, Possible Head & Shoulders forming on Eur/Usd. 4 Hour chart posted. Regards, BabeFX.
Weekly COT report Analysis + Trade Ideas
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BabeFX replied Jun 24, 2010Hi frankkn, One of the main attractions of this method is you don't have to spend hours over analyzing the market, just wait for the impulse bar, then press the trigger. Don't Swing until the Ball is Pitched ! Regards, BabeFX.
Central Banks & Big Players
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BabeFX replied Jun 24, 2010Hi Cabby. Due to the trading platform I use I am unable to place stops as close as 2-4 pips to entry. However, this doesn't stop me manually closing out my trades if the market doesn't continue to follow the impulse candle. Regards, BabeFX.
Central Banks & Big Players
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BabeFX replied Jun 24, 2010Hi schnitzeltra. It is no use trying to exactly follow others. Try this out using various sized stop losses, in Demo or Micro lots. On the trading platform I use I can't place my stop as close to entry as Tony . I don't think I am as highly ...
Central Banks & Big Players
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BabeFX replied Jun 23, 2010Hi schnitzeltra, Lets re-cap in our minds the benefits of this method. Small stops Good reward to risk ratio What we don't really have time for is over analyzing, trade of this impulse bar, but remember to use a relatively small stop. Regards, ...
Central Banks & Big Players
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BabeFX replied Jun 22, 2010Line in the sand. — Hi Folks. Notice how the opening price often acts like a line in the sand. e.g. today's New York open. the Eur/Usd opened at 1.2265 market first moved away from this level & has now moved back down to make a re-test. The ...
Central Banks & Big Players
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BabeFX replied Jun 22, 2010Hi schnitzeltra. I vary my targets, but more importantly I always endeavor to move my stops to entry as soon as possible. I also endeavor to take at least a couple of pips profit from each winning trade. You will find that price often moves up to 20 ...
Central Banks & Big Players
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BabeFX replied Jun 22, 2010Now lets look at it logically. — Hi Folks. Lets take a look at what the market is telling us this morning. Frankfurt open at 07.00hrs BST Gbp/Usd who is in control of the market from the get go ? Well the market moved lower at the open so we ...
Central Banks & Big Players
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BabeFX replied Jun 22, 2010Open a emo A/c or Micro A/c & try for yourself ! — Hi schnitzeltra, No two traders are going to get exactly the same fill using this method. I don't use exactly the same entry criteria as Tony. I have played about with the basics and made ...
Central Banks & Big Players
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BabeFX replied Jun 21, 2010Difference between trader & Forecaster — Hi Folks, Thought I would post this little article that was posted on FF 19th June. Regards, BabeFX.
Jacko's Forex House of Pleasure and Pain