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- ObadaAdel replied Apr 6, 2024
With this strategy, stops are deadly because of slippage. ONLY use market orders. Spreads depend on the event. CPI has higher spreads than NFP or FOMC, for example.
- ObadaAdel replied Apr 6, 2024
0.50 on XAUUSD trading CPI (for example) will not yield 150$, but more than 500$. That's 350$ profit. I'll show a video of it on the next NZD event.
- ObadaAdel replied Apr 6, 2024
Not on all news but only high impact ones. Even high impact ones can turn out to be bad. And you need to choose a volatile yet cheap pair like XAUUSD. cTrader has a backtest option. I believe it was added a year ago.
- ObadaAdel replied Apr 6, 2024
5 seconds. If the event is strong enough, it can give you at least 30 to 50 pips. It can go on longer but why take the risk. It can easily reverse.
- ObadaAdel replied Apr 6, 2024
I'll provide a video soon, on the next NZD event.
- ObadaAdel replied Apr 6, 2024
Really? Sounds awesome. Do brokers really suffer the losses from NBP or does it depend on the model of said broker?
- ObadaAdel replied Apr 5, 2024
Indeed. I don't hold for longer than 5 seconds, any more and it can reverse fast, taking away both your accounts.
- ObadaAdel replied Apr 5, 2024
It gets reset.
- ObadaAdel replied Apr 5, 2024
I'll be uploading a video to demonstrate soon Inshallah after work.
- ObadaAdel replied Apr 5, 2024
Few things to point out: Some people will say that liquidity will take both side but it depends on the event. You'll need to backtest it using cTrader. Don't make too much money or else the broker will notice. Try withdrawing regulary.
- ObadaAdel replied Mar 6, 2024
Hey, Zebi. Good to see you bro. What the hell is going on with gold? Good thing I was away for a while. Is it because of Israel or Putin?
- ObadaAdel commented Feb 22, 2024
That's what you get for supporting genocidal maniacs.
- ObadaAdel commented Feb 9, 2024
They don't seem like terrorists to me...
- ObadaAdel replied Jan 8, 2024
Sorry for asking but simply curious, how long will you think its gonna drop? I'm currently short too.
- ObadaAdel replied Jan 3, 2024
Seriously? This is your answer?
- ObadaAdel replied Oct 20, 2023
Keep dreaming.
- ObadaAdel replied Oct 13, 2023
I really recommend you hedge any shorts you got. This war is just getting started mate.
- ObadaAdel replied Oct 6, 2023
LOL. Looser. This is what you get for being ignorant.