Trading the
Non Farm Payroll
Report Like a Savage
Pip Fiend
by
Rob Booker
with tons of help from
Jacob Fedje

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Trading the
Non Farm Payroll
Report Like a Savage
Pip Fiend
by
Rob Booker
with tons of help from
Jacob Fedje
http://www.forexfactory.com/pics/art...y10_img_14.jpg
QuoteDislikedI am offering a prize of USD $1,000 to the individual or team who develops the most profitable long-term trading strategy, using the Non Farm Payroll report as the central element in the strategy.
Quoting LumoXDislikedHi Rob,
Interesting concept.
A few questions, if you wouldn't mind........
'Most profitable' I'm presuming in $ terms, rather than pips. So the trading strategy would have to include full money management techniques, correct?
Refering to 'untested system #1', do you have a spreadsheet of the historical NFP releases, including the dates, actual and expected figures, as that would be a great help?
Does the NFP.xls spreadsheet contain 2 years of backtesting the 'no friday system' on GbpUsd, culminating in a pip total of 4543 pips?Ignored
Quoting robbookerDislikedWhat I am asking for when I ask for "most profitable" is for people to take into account the following, in pip terms:
1. What is the average gain?
2. What is the average loss?
3. What's the win%?
4. What is the largest drawdown? What's the largest winning trade?
It's important for me that the system risks as little as possible (cutting losses quickly) and maximizes its gains. Which sounds obvious now that I have said it.Ignored
Quoting TakisdDislikedI have a friend using his mentoring, and is apparently in loss last 2 months...Controlled, but still not good for a currency nerdIgnored