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immy wrote: 13 Sep 2017, 23:16
Oh there is a Cherry on AU H1 right now... almost a lovely setup 1 on M15 ...
That is a pretty Setup indeed
But there is no volatility as yet
You've passed the test
I would invalidate that setup anyway because of the AUD new a couple of hours later.
Market will slow down then will produce unpredictable spike (which gives me plenty of money )
Correction... it does not give you money... it gives you PIPS ... News on Demo account and News on Live account ... two separate things... reality check.
You can test most strategies on demo account, but News strategy specially straddle type trades that benefit from PO before the spike. oh no ... because demo does not slip.
but i'm sure you know that already... !doh
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
immy wrote: 14 Sep 2017, 10:30
Correction... it does not give you money... it gives you PIPS ... News on Demo account and News on Live account ... two separate things... reality check.
You can test most strategies on demo account, but News strategy specially straddle type trades that benefit from PO before the spike. oh no ... because demo does not slip.
but i'm sure you know that already... !doh
I totally agree Immy
When i go live on news i will test with really small lot size (0.1) just to get the feel of live slippage
The tool i use has slippage and spread protection as well
immy wrote: 14 Sep 2017, 10:30
Correction... it does not give you money... it gives you PIPS ... News on Demo account and News on Live account ... two separate things... reality check.
You can test most strategies on demo account, but News strategy specially straddle type trades that benefit from PO before the spike. oh no ... because demo does not slip.
but i'm sure you know that already... !doh
I totally agree Immy
When i go live on news i will test with really small lot size (0.1) just to get the feel of live slippage
The tool i use has slippage and spread protection as well
Let me have a bit of fun at the last sentence
No such tool exist.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
immy wrote: 14 Sep 2017, 10:30
Correction... it does not give you money... it gives you PIPS ... News on Demo account and News on Live account ... two separate things... reality check.
You can test most strategies on demo account, but News strategy specially straddle type trades that benefit from PO before the spike. oh no ... because demo does not slip.
but i'm sure you know that already... !doh
I totally agree Immy
When i go live on news i will test with really small lot size (0.1) just to get the feel of live slippage
The tool i use has slippage and spread protection as well