Recent content by PipDog

Boko, I'll setup to take a spike trade on a CPI (any CPI), but I set my triggers rather conservative...they are notorious for reversing. My best play on these has be play the reversal...more so if the original news came out in the opposite of the current risk direction...like this one.

Boko, I also was denied trade at the news. I did take a re-trace buy near the bottom...got like 12 pips.

I think I'd like to know more about that feed of yours...

Really...? Why not "Stupendous"...LOL!! Sorry, Stavro...but you must at least chuckle...:rolleyes:

Spike Trade? You must of done the spike trade and got a really good fill...the spike was only 60 pips. There was no way to go short after the spike to make that many pips...it only re-traced about 25 pips about an hour after the spike, then went down a maximum of 35 pips after that...

Your method using an MT4 platform is a sure way to lose a bunch of money. The only way to spike trade is with a fast news auto clicker...The Weapon, for instance...which costs $$$, and a really compliant broker...or to try and do what Stavro is telling you to do. Save your money and stop...

This one has went against the grain of risk. Good spot to consider going long USDCAD. Went long at .9930...SL .975...TP .996/.998/1.000. Fingers crossed.... Cha Ching! Holding a chunk for 1.000. SL moved to breakeven.

Stavro, Absolutely not! You provide a good insight to one way to trade the news. I'm fairly sure many of us here...that do read your posts...can and do make trades based upon our own plan. I'd say that we are "able to collect those pips" mostly independent of others. For example, did you...

We...? Funny. I think the "we" should be an "I". Stavro is providing his opinion. The FX market would still react to the news if he was not doing so. And, many of us would still be trading....and yes, making pips. I set my triggers and trading logic based upon a number of...

That's funny. So tell us JamirOn how you did so well following Stavro's advice when it was a No Trade? Please fill us in on the details.

Here we go again... It looks as if risk is back on big time. Taking a long position in the AU, if the news comes out good and you trade the retrace, would be giving money away. I'm short...been going short starting at 1.08. Now the cards have lined up. This could go back to 1.000...

I think that the AU has shown to be range bound and if it hit's 1.08, it's a screaming short. As of now, if the news comes out good, the AU should breach 1.08...and I'll be shorting away. I will probably take a short on bad news at the spike. Going long looks like giving money away to...

Hmmm...Ouch...?

Yeah, something like that! News opposite the Risk Appetite...40 pip spike in the 'wrong' direction...up. Hit this one about as good as I could. I didn't trade the spike...always a concern about news leaking or late fire on Aussie news and getting a good fill on the AUDUSD can be tough. But...

Ahhh...yet another chance to play the AU, which is currently the best correlation (with stocks) going in the FX world. I only hope that the news comes out opposite of the stock flavor (risk on/risk off) at the moment. You may want to be careful about getting into a trade in the direction...