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Aud employment data

  • #1
  • First Post: Dec 6, 2006 10:57am Dec 6, 2006 10:57am
Are there any charts available on this?

Normally, I think a deviation of +/- 15k would produce a good move of 20+pips.
Forex rules
  • #2
  • Dec 6, 2006 3:06pm Dec 6, 2006 3:06pm
Hi dsb104
past result show if this deviated by 16.X the move will be 16 or 17 pips as max even if unemployment did not conflict

I think in my opinion the deviation sould be more than 25K to produce move about 20 first spike and +10 as maximum

if you want let it be 20K dev but in past result there is no 20K dev 16 or 26 so maybe 25K is good and safe for u
  • #3
  • Dec 6, 2006 6:31pm Dec 6, 2006 6:31pm
well this was a pretty big surprise, and a big spike to go along with it

these guys are waiting for NFP this friday, they shoulda been trading this baby!!
Relax and be happy.
  • #4
  • Dec 6, 2006 6:37pm Dec 6, 2006 6:37pm
this is just so wrong, my broker fked me up. I bought at 7844, got filled in at 7874. wtff!!

  • #5
  • Dec 6, 2006 6:45pm Dec 6, 2006 6:45pm
Quoting merlin
well this was a pretty big surprise, and a big spike to go along with it

these guys are waiting for NFP this friday, they shoulda been trading this baby!!
Yeah Merlin I think you may be right. I have been sitting these last few news reports out. Waiting for the NFP. But the NZD and AUD news produced some decent moves today.
  • #6
  • Dec 6, 2006 6:46pm Dec 6, 2006 6:46pm
Quoting m00jiman
this is just so wrong, my broker fked me up. I bought at 7844, got filled in at 7874. wtff!!


Who is your broker? GFT?
  • #7
  • Dec 6, 2006 6:46pm Dec 6, 2006 6:46pm
i have some problem with my borker too
bu for this trade i win 11 pips
  • #8
  • Dec 6, 2006 6:47pm Dec 6, 2006 6:47pm
GTS. time to change this biaaaaaaaa!!! :@

Quoting BurgerKing
Who is your broker? GFT?
  • #9
  • Dec 6, 2006 6:47pm Dec 6, 2006 6:47pm
i have some problem with my borker too
but for this trade i win 11 pips
  • #10
  • Dec 6, 2006 6:53pm Dec 6, 2006 6:53pm
Quoting m00jiman
this is just so wrong, my broker fked me up. I bought at 7844, got filled in at 7874. wtff!!

dude! dont use market orders on news! use limit!

its really that simple.

then it comes down to execution. find the broker that will execute your limit orders the best.
Relax and be happy.
  • #11
  • Dec 6, 2006 6:54pm Dec 6, 2006 6:54pm
you said the same thing twice! LOL


Quoting jimo
i have some problem with my borker too
but for this trade i win 11 pips
  • #12
  • Dec 6, 2006 6:58pm Dec 6, 2006 6:58pm
Yeah, It takes a while for me to learn lessons. I keep doing it. I have demo on meta, and it was stuck on 7947 for a while. then jumped. I wasn't sure what the news would be, so i was waiting.oh well..few more, then ill learn my lesson, hopefully sooner!

Quoting merlin
dude! dont use market orders on news! use limit!

its really that simple.

then it comes down to execution. find the broker that will execute your limit orders the best.
  • #13
  • Dec 6, 2006 7:04pm Dec 6, 2006 7:04pm
Quoting m00jiman
GTS. time to change this biaaaaaaaa!!! :@
Try trading with 2 brokers (I have 3 right now) and evenly divide your lots. Should one of your broker screw you up, the other hopefully will do good. This has been my case for several weeks now.
  • #14
  • Dec 6, 2006 7:07pm Dec 6, 2006 7:07pm
Quoting merlin
dude! dont use market orders on news! use limit!
I have 2 LIMIT SELL for GBPUSD yesterday @ 1.9700 before I hit the sack.

The 100K order was filled.
The 10K order was not.

ODD! Was this broker wanting to eat my bigger pie? Seems like the broker had to spit it back out instead
  • #15
  • Dec 6, 2006 7:10pm Dec 6, 2006 7:10pm
i dont get what you are saying. you should be happy the bigger order was filled, right?

and if the whole order is not filled, that means there was a liquidity issue. if you traded other markets, especially NYSE stocks, you would realize how bad it can really be
Relax and be happy.
  • #16
  • Last Post: Dec 6, 2006 7:11pm Dec 6, 2006 7:11pm
Quoting BurgerKing
Try trading with 2 brokers (I have 3 right now) and evenly divide your lots. Should one of your broker screw you up, the other hopefully will do good. This has been my case for several weeks now.
thats the way to do it in forex...
Relax and be happy.
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