aeronthomas's Posts - Page 51

Quantina Trading System in Trading Systems Jun 18, 2015 at 23:59

https://www.myfxbook.com/members/aeronthomas/news-trader-session-trader-testing/1271175I am 100% for NZDUSD next test is to go live. If you have a look at the discussion thread for that system (which is Newstrader, Session trader and High Low (you can filter trades by tag), you will see discussion around spread widening. Pepperstone seems to be one of the worst offenders so surprised you say the news trading works well with them on live? I am tempted to trial live with 0.01 lots on IC Markets I did demo with them and it was profitable but GP was more profitable so I went live with GP then f...

Ammy Scalper REAL Account in Trading Systems Jun 18, 2015 at 05:11

can you please unlock history please. If you are trying to sell an EA history should be unlocked. I notice your DEMO is on IC Markets, why not a real account on a well regarded regulated broker IC Markets real would be better. I would consider if sold on Clickbank, what out for Paypal they don't cover refunds on electronic goods like software.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 18, 2015 at 03:52

Just checked ASIC Regulated XM it was 10.3 JPYUSD and 12.7 GBPUSD during FOMC. total of 23 lower than IC little higher than Tickmill. Interesting to find out about execution speed and slippage for them versus IC.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 18, 2015 at 02:56

Just got the spreads for Pepperstone REAL of myfxbook compared with others below during FOMC.JPY/USDIC Markets Vs Pepperstone Vs Global Prime Vs Admiral Markets Prime Vs, Tickmill Vs ThinkForex Vs TradersWay6.7 vs 12.8 Vs 9 Vs 9.7 Vs 6.3 Vs 12.5 Vs 5.8GBP/USD19.3 Vs 28 Vs 18.7 Vs 17.8 Vs 14.9 Vs 15 Vs 23.5Total26 (Ic Markets) Vs 40.8 (Pepperstone) Vs 27.7 (GP) Vs 27.5 (admiral markets) Vs 21.2 (Tickmill) Vs 27.5 (Thinkforex) Vs 29.3 (Traders Way)Conclusion Ic Markets did the best except for Tickmill (not available Australian clients). Spreads for Pepperstone are their Razor account. Also Adm...

News Trader and Session Trader Testing DEMO in Trading Systems Jun 18, 2015 at 01:13

FOMC provided a good opportunity to see how spreads widened on IC, Pepperstone. Citiindex and Easy Forex have fixed spread so they didn't widen. Ic Markets vs PepperstoneEUR/USD 11.5 vs 21.9GBP/USD 19.3 vs 28.0JPY/USD 6.7 vs 16.1AUD/USD 10.0 vs 16.6In all cases the spread was higher on Pepperstone during release of FOMC, this is in the demo platform for Pepperstone, Live account for IC Markets. The next test will be slippage in live environment trading very small 0.01 lots to test the waters. Perhaps the plan will need to be to just avoid the very big news releases like FOMC and NFP to...

News Trader and Session Trader Testing DEMO in Trading Systems Jun 17, 2015 at 02:39

I have set up a demo for Cityindex.com.au and input price tolerance (ie. slippage control at 4pips). Will see if this stop trades from slippage i.e. getting poor entries however it may not close our trades also which means will have to be manually closed out or when slippage reduces (after initial news announcement momentum has faded). Interested to see what effect this will have on the strategy. the fixed spreads on cityindex.com.au are also much lower than easyforex although they don't have guaranteed stops. neither have any commissions.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 17, 2015 at 00:26

Easyforex made 3,5,5 pips on the GBP trades yesterday versus this Pepperstone test where the SL of 20 kicked in (too low, easy forex was set at 36). There was potential to earn even higher but the protective setttings of locking in profits with BE in case of whipsaw took trades out on EasyForex when price continued to drop for another 47 pips (the trades also closed at 1 second before scheduled news release on Easyforex (after entering 10 seconds before), Pepperstone activated 8 seconds before and taken out 1-2 seconds after release of news.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 16, 2015 at 04:17

Easyforex I am now trialing on demo. They have guaranteed SL on mt4 during news events it's 36 pips, outside news events it's minimum SL of 12.5 pips. For pending orders these must be placed 8 pips away from current price (my strategy is currently using 16 pips so that's fine). Currently been using SL of 20 or 25 will see if can cope with 36 pips, if it means less slippage and losses of 45 pips like was getting on GP with slippage. They have fixed spread also of 1.8 to 3 pips depending on account type for majors. There are no commissions or other fees (except swaps).

News Trader and Session Trader Testing DEMO in Trading Systems Jun 16, 2015 at 02:55

another lesson learnt today, AUD/USD is much hard to trade news as the liquidity it lower during asian session and whipsaw occured due to rather benign minutes from RBA. Lesson trade at reduced risk AUD news, and trade rate announcements (rather than minutes of meetings) less chance of whipsaws.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 16, 2015 at 00:48

Divisafx.com is NZ regulated so wary of them, not the best reports online. Activtrades the same terrible feedback on donnaforex forum. Shortlist to try is Pepperstone, Admiral Markets Prime, FP Markets, Hotforex, Rubix.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 15, 2015 at 06:06

Still working out best broker for news trading... researching how much each broker widened spreads during Michigan Consumer Sentiment June 12th, and for June 11th Jobless Claims US. Results below:Admiral Markets Prime 1.6 (consumer sentiment) 4.5 (jobless claims) total 6.1Activtrades 2.2 / 4.0 total 6.2FPMarkets 2.8 / 6.5 total 9.3FXCM 2/12 total 14FXOptimax 1/13 total 14FXPig 2.2/4 total 6.2FXPro 2.2/3.2 total 5.4Global Prime 1.4/4.5 total 5.9Hotforex 1.1/2.4 total 3.5IC Markets 0.6 /2.4 total 3LMAX 5/20 total 25 (terrible)OANDA 7/14 total 21 (terrible)Pepperstone 0.8/4.5 total 5.3Rubix 0.8 ...

VIPER EA (stopped) in Trading Systems Jun 15, 2015 at 05:52

Frank is the price on your website correct 449 Euro's for 30 days?or 44.90 Euros?

News Trader and Session Trader Testing DEMO in Trading Systems Jun 15, 2015 at 01:04

Still working out best broker for news trading... researching how much each broker widened spreads during Michigan Consumer Sentiment June 12th, and for June 11th Jobless Claims US. Results below:Admiral Markets Prime 1.6 (consumer sentiment) 4.5 (jobless claims) total 6.1Activtrades 2.2 / 4.0 total 6.2FPMarkets 2.8 / 6.5 total 9.3FXCM 2/12 total 14FXPig 2.2/4 total 6.2FXPro 2.2/3.2 total 5.4Global Prime 1.4/4.5 total 5.9Hotforex 1.1/2.4 total 3.5IC Markets 0.6 /2.4 total 3LMAX 5/20 total 25 (terrible)OANDA 7/14 total 21 (terrible)Pepperstone 0.8/4.5 total 5.3Rubix 0.8 / 4 total 4.8Synergy Hy...

Quantina Trading System in Trading Systems Jun 12, 2015 at 00:49

Thanks for the info much appreciated. Yes makes sense to avoid aud and nzd or at least trade with lower risk as less liquidity in market and therefore high risk of higher slippage. I have the f version they sent me also to trial on FXPro, I thought it was f to indicate was for fixed spread accounts. I will upload on my pepperstone demo and see if it works okay. I have speech, scalper, trend and high risk settings (are those the 4 settings you speak of? Adam emailed to me a while back). had my first trade with candle high low on the daily yesterday gbpcad was a winner. will see if the 100...

Quantina Trading System in Trading Systems Jun 11, 2015 at 11:02

thanks for the info it's much appreciated. That 53% is in a week:) Will be interesting to see how goes live. I am learning more about news trading I am posting my findings in the thread for that system. Feel free to contribute any knowledge you are finding. I am on VPS in NYC so pepperstone should work well, will give them a try. Will use your settings for the Candle High Low. I had worked out to avoid the CHF and JPN news already testing NZD and AUD still on demo but found fault today in that the NZD trades were opened on the AUDUSD pair for the NZD rate cut this morning, so didn&#...

VPower EA - 20 pairs in Trading Systems Jun 11, 2015 at 10:26

Could you implement some sort of trailing SL with a BE trigger to lock in some of the gains I see on the Sells for EURAUD and GBPAUD 30 odd and 17 odd pips? I see other trades only went up slightly before turning around so probably couldn't have been saved... good luck

Quantina Trading System in Trading Systems Jun 11, 2015 at 10:22

thanks Plexy:) I think your comments list is set to private not public? Can you please change as would be useful to see how both session trader EA and High Low are doing for you. I own both have been demoing Candle High Low (on M15 - no good will try on the Daily next), the Session trader is doing good, but I think the pip distance for pending orders needs to be a little bigger than 1 pip, as it can just hit and turn around fairly easily so changed to 3 for the moment, to hopefully reduce losses. I am demoing the news trading EA also on the same account but the session trader ones I have ...

VPower EA - 20 pairs in Trading Systems Jun 11, 2015 at 04:30

Oh and I meant 200 pips above too not 2,000 now that would be a move haha

News Trader and Session Trader Testing DEMO in Trading Systems Jun 11, 2015 at 04:03

https://www.myfxbook.com/members/aeronthomas/global-prime-demo-news-trading/1162053https://www.myfxbook.com/members/aeronthomas/ic-markets-demo-news-trading/1162581These accounts show the average pip gains after news releases. and the SLs (which have to be set to allow for spreadwidening around news release time). They can't be too low or will get more trades triggering SLs just due to spreadwidening. However need to trial other settings to see if can get down to maybe SL20 (monitor spreads on Pepperstone Live Razor account during news releases on majors and then decide if can reduce SL...

News Trader and Session Trader Testing DEMO in Trading Systems Jun 11, 2015 at 03:59

Lessons Learnt News Trading.1/ Be wary of news releases where there are multiple releases of data for the same country at the same time. GBP example industrial vs manufacturing data release (one good and one bad - causes whipsaw). This can trigger trades in both directions even with a OCO setting as the movements are so fast that the pending orders fail to get deleted due to server busy. Can make money in both directions but more likely that the server will be busy when trying to close orders so make loses in both directions. Run on demo for these releases to keep monitoring impact but do...

EURUSD	1.13573	GBPUSD	1.32963	AUDUSD	0.63931
USDJPY	142.684	USDCAD	1.3889	USDCHF	0.82796

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Posts by aeronthomas