Re: Something interesting please post here (Metatrader)

2191
chickensword wrote: Tue Sep 20, 2022 11:01 pm i think i nailed cpi
saying you are too late to get in would be wrong
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And how many times are going to be able to replicate that? That's always the question a single trade or a single chart sadly doesnt do a lot as even a blind chicken can find a corn (I dont mean you by that)

The problem with news is... it's a lot sentiment driven.
The number itself doesnt matter much.
That's why we see sometimes Markets rallying on even bad numbers when it doesnt make sense for the novice trader.

Then there is also that often times that the Market prices the news in BEFORE they even occurred and really always a wild guess on news how much of a current movement was already based on the UPCOMING news or not.

Now dont forget that you may experience big slippage during news.. sometimes your MT4 can even freeze up for a second or 2 and you wont have a chance to exit your trade.

This could possibly end up in a huge loss and even blow your account.

You also seem to confuse fundamental trading with news trading, more often than not fundamental traders enter trades WAY before the news (by that I mean up to several days) or after the news are over.

More often than not they do NOT enter on the news as it's too dangerous (as I said above).

That's why in my opinion it's much easier to just trade your technical bias.
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Re: Something interesting please post here (Metatrader)

2192
PumbaPLS wrote: Tue Sep 20, 2022 11:43 pm
true , but ive seen some people replicate news before wouldnt think its impossible

and yes fundamental traders trade high timeframe and only the big stuff like monetary and fiscal policies
which for a funded account dont think i would have enough time for that
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Re: Something interesting please post here (Metatrader)

2193
THAT CPI IS INFLATION BROSSSSSSSSSSSSSSS
this is third time ive seen it go boom on cpi

only cpi(ppi) ,gdp, budget, balance, yields, nfp ,unemployment ,oil
banks meets, g summits, do this kind of thing
maybe a few others "sometimes"
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Re: Something interesting please post here (Metatrader)

2195
josi wrote: Sat Sep 17, 2022 6:29 pm Breakout strategy after US open (maybe not for you) on M30:
[by Entuculo on FF]
line above and below the first 3 candles after US open;
if price breaks out upwards: buy (SL below the line under the 3 candles)
if price breaks out downwards: sell (SL above the line above the 3 candles)
(you have to adjust to your TZ; I am GMT+1):
(If you need confirmation of directional bias, you could add an MA as a filter)
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Nice!! Please what's the value of the moving average?
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