Quoting accreteDislikedMy trading NFP was short and fortuanately profitable but only a few pips. I had closed all my positions well before news and was happy to have grabbed 23 pips in GbpUsd. Then on the news release i waited for the big candle to close and waited for a 5m inside bar to form and close and saw that take place on the EurUsd pair so got in short at 1.3003...but then as we know it just sat there! LOL after nearly four hours of waiting i got out with +11 pips after it retraced back up from the 1.2980 ish bounce.
Looking at what took place on my IBFX chart i din't dare get into the GBP after news as there was/is a large gap in the first 5m candle. Though my VT and AccuCharts looked ok.
Pretty mellow NFP after all the rucas over news speculation? It seems like the big boys new what was going to happen and much was already priced into the market by news release.
: ) ThomIgnored
Theres a disturbance in the force. Feel it, i can!
Change Your Thinking. Change Your Life - JD