Hehe. Same entry as you. At least Im doing something right.

Central Banks & Big Players

image In @ 1.6519. Out @ 1.6520. Trade would have ended up turning into a 20 pip winner but my entry wasn't the greatest and price action was too choppy for me to hold.

Central Banks & Big Players

image In @ 1.6357 but do to a keystroke error, exited @ 1.6360.

Central Banks & Big Players

What I need to figure out is those trades that I can hold for more than 20 pips. Theoretically could have gained up to 100 pips. One trade would have made my goal for the entire week. Problem with this is it usually takes several tries and you have ...

Central Banks & Big Players

Textbook trade. Took 20 pips. image

Central Banks & Big Players

Short @ 1.6699. Decided to hold for more than 20 pips. Placed a stop at 1.6700. It got hit before turning back down. Arghhh! image

Central Banks & Big Players

image Here's a potential trade that would have turned into a big winner. I decided against taking this trade because there was a little too much movement prior to the setup. I like flat lines with 2-3 pip range max prior to a potential setup.

Central Banks & Big Players

We appreciate your contributions to this thread Tony. My trading has imrpoved enormously over the past few months since adopting your strategy and philosophies. Becoming a profitable trader is now very close for me.

Central Banks & Big Players

Hopefully we'll get some action tonite...been pretty slow the past few nites

Central Banks & Big Players

Im pretty sure Esignal has 5 sec charts. Quote tracker is another option. As for lowest spreads/commisions, Interactive Brokers is the best, but they are notorious for having bad customer service towards newbies. If you need hand holding do not use ...

Central Banks & Big Players

Everything you need is in the first post. Re-read then look through entire thread. There are tonnes of examples.

Central Banks & Big Players

Appreciate your input. If I could figure out a better way to reduce the time without missing trades, that would be perfect, but haven't figured that out yet.

Central Banks & Big Players

Exactly. And the good thing about this system is that you can often get out for breakeven if the trade doesn't work out. There's also at least one good trade a week where you can get well over 20pips, usually a big news announcement. So the ...

Central Banks & Big Players

Just trading. Yeah the hrs are odd which is really the hardest part for me but I have been watching and trading forex for half a year and I don't see any other way. If I hit my target of 20 pips for the day, I may just call it a day after 8hrs. ...

Central Banks & Big Players

Someone here tried that and said that there were way too many false alarms. I can't see this being a realistic option. There are many potential moves that all look promising but only a few turn into winners. Learning to filter the trades is the key ...

Central Banks & Big Players

I'll have the coffee machine ready.

Central Banks & Big Players

My goals for next week: Watch forex markets from 10pm-9am everyday. Average 20 pips per day. This is a very acheivable goal but my biggest problem now is staying awake and alert for 11hrs per day.

Central Banks & Big Players

Glad you were able to get a big winner out of that move.

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Absolutely. Sometimes its tempting to stray from the system in an attempt to catch a move.....most of the time when I do this it leads to trouble

Central Banks & Big Players

I was looking for a long entry on this BoE news. An L-pattern started to form but failed. I've noticed these are often very good entries to short, right when the L-pattern fails around 1.6780ish.

Central Banks & Big Players