Eish!
If you don't fly with the eagles you'll scratch with the turkeys
USDJPY spread during NFP news release last Friday 06/09/13 32 replies
What were the reasons for post-NFP currency moves Friday? 2 replies
HI Low EUR CHF on Friday during NFP announcement 0 replies
Good Friday NFP 60 replies
Last Week Friday NFP announcement. 8 replies
Quoting notouchDislikedHe was implying that more longs that shorts had been bought.Ignored
Quoting SimonKDislikedHi NoTouch
On my Metatrader charts (MIG demo), there's a gap down on EURUSD and GBPUSD at about 17:25 GMT.
On OandA, there's actually a line down, so dont know what happened.Ignored
Quoting MoeDislikeddamn pound went up 100+ pips then drop 200+ pips, nobody had a clue, this is one of the crazest n.f.p. i have seen in a while.Ignored
Quoting MoeDislikeddamn pound went up 100+ pips then drop 200+ pips, nobody had a clue, this is one of the crazest n.f.p. i have seen in a while.Ignored
Quoting vderDislikedWith regards to reasons, I am looking for post analysis. While the trade is going on...i dont necessarily need to know why its moving in a certain direction because I am getting an idea of that. The NFP came in better than usual and thus the USD gained value. I do not understand why it rebounded twice. Understanding the market will make me more agile and adept at determining which way to trade.
I have not had the opportunity to study price action at the moment so I need to gain information however I can. I am just curious as to why the market reacted the way it did AFTER it moved. While its moving i can try and go with the flow but I need to learn from my mistakes. Thats why I want to do some post analysis. I have not seen this market spike 3 times in such a short period of time. I want to know what to look out for when the market starts acting wild.
thanks.
btw...what time frame to trade off of when trading the news?
thanks.Ignored
Quoting NewstraderFXDislikedThe NFP came out stronger then expected with 2 revisions; October was revised down, but September was revised up. Finding the difference revealed that 42,000 additional jobs were added over the Sept-Oct period. So the $ got stronger on the original number, weakened after the Oct revision then got stronger again after the difference was accounted for! Or figured the avg over the 3 month period which was 138,000/month. So it's not really acting wild, it reacting exactly as expected from the numbers.
Did TTN have all the revisions and the math that showed the added jobs?Ignored
Quoting MoeDislikeddamn pound went up 100+ pips then drop 200+ pips, nobody had a clue, this is one of the crazest n.f.p. i have seen in a while.Ignored