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CAD unemployment numbers

  • #1
  • First Post: Nov 3, 2006 4:28am Nov 3, 2006 4:28am
Did anyone else trade it? It was a nice trade. Straddled and was able to get + 24 pips out of this one.

I noticed the fake move just before announcement when it rose some 15 pips plus to fall back afterwards. Lucky I wasnt caught long on this spike as the price didnt hit my long entry. Brokers cleaning up some straddles for sure. Hope no one got caught.

Now waiting for the big one in an hour, NFP.
  • #2
  • Last Post: Nov 3, 2006 6:17am Nov 3, 2006 6:17am
Quoting PipStar
Did anyone else trade it? It was a nice trade. Straddled and was able to get + 24 pips out of this one.

I noticed the fake move just before announcement when it rose some 15 pips plus to fall back afterwards. Lucky I wasnt caught long on this spike as the price didnt hit my long entry. Brokers cleaning up some straddles for sure. Hope no one got caught.

Now waiting for the big one in an hour, NFP.
LOL I got caught on the fake. Rookie mistake by a rookie trader. But I'm trying to read and learn.
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