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a question for news traders from a technical trader

  • Poll

  • When you trade the news how long do you stay in your trade?
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  • #1
  • First Post: Apr 3, 2007 5:38am Apr 3, 2007 5:38am
Hello
I wanna create a techical aproch to news trading. Please answer to this poll if you are a news trader.
If I managed to create this trading system, be sure I'll post on ff.
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #2
  • Apr 3, 2007 6:33am Apr 3, 2007 6:33am
hi,

be careful with this! Using an EA during news time, that's very dangerous - on the other hand many pips in a short period. personally, I like the idea of surfing on the movement AFTER the news like this one NFP-trading guy does (the one who opened a thread here @ FF and won the robBookerAward).
  • #3
  • Apr 3, 2007 6:53am Apr 3, 2007 6:53am
well, I try to build a trading system, not an EA, thaks for the advice. Personally I don't trust EAs
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #4
  • Apr 3, 2007 6:58am Apr 3, 2007 6:58am
Quoting tradeigel
hi,
AFTER the news like this one NFP-trading guy does (the one who opened a thread here @ FF and won the robBookerAward).
Who is that guy? What thread he started? I google it but couldn't find anything
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #5
  • Apr 3, 2007 7:01am Apr 3, 2007 7:01am
I often enter a trade after the news, put in a stop & set an alarm when it hits +40 pips at this point I can make a desision on what Im gonna do with the trade. Trading is a bit like cooking a turkey, u gotta give it a few hours in the oven and not keep opening the oven door every 5 mins.

boycie
  • #6
  • Last Post: Apr 3, 2007 11:07am Apr 3, 2007 11:07am
Quoting boycie
I often enter a trade after the news, put in a stop & set an alarm when it hits +40 pips at this point I can make a desision on what Im gonna do with the trade. Trading is a bit like cooking a turkey, u gotta give it a few hours in the oven and not keep opening the oven door every 5 mins.

boycie
I take it all FF bachelors who can't cook a turkey right are invited to your humble home next thanksgiving?
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