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EURUSD

  • #138,861
  • Sep 4, 2009 7:03am Sep 4, 2009 7:03am
Quoting T.E.Lawrence
Hi,

could you tell me:

1. where shoud I place my order 5min before NFP ?
2. what SL and TP should I use ?
3. with how many lots should I enter ?

I'm interested in profit of 320 pips.

Thank you.
R U Sirius ?
ur jokin right?
  • #138,862
  • Sep 4, 2009 7:05am Sep 4, 2009 7:05am
Quoting pipul8r
R U Sirius ?
ur jokin right?
I guarantee he loses over half his account if not a margin call if it reacts like it does sometimes
  • #138,863
  • Sep 4, 2009 7:05am Sep 4, 2009 7:05am
Quoting Fly2
You may lose 200 pips in a matter of seconds
One can easily make 15-20 pips by placing abuy or sell order during NFP release and letting it run for a 20 pip profit without any SL. The fluctuation in PA up and down will most probably get you the 20 pips regardless if you had a buy or sell position.
  • #138,864
  • Sep 4, 2009 7:06am Sep 4, 2009 7:06am
Quoting pipul8r
R U Sirius ?
ur jokin right?
No, I'm super serial! C'mon! Only 25 minutes left! I need to place a trade at least 5 min before da news, man!
  • #138,865
  • Sep 4, 2009 7:07am Sep 4, 2009 7:07am
Quoting T.E.Lawrence
Hi,

could you tell me:

1. where shoud I place my order 5min before NFP ?
2. what SL and TP should I use ?
3. with how many lots should I enter ?

I'm interested in profit of 320 pips.

Thank you.
no one know during NFP what direction will go, somemore during NFP spread easily go up 20-30pips

better wait for dust calm down or trade on small lot if direction correct then let it continue go. if wrong way, it wont margin call

just my two cent
  • #138,866
  • Sep 4, 2009 7:08am Sep 4, 2009 7:08am
Quoting ashlee_17
One can easily make 15-20 pips by placing abuy or sell order during NFP release and letting it run for a 20 pip profit without any SL. The fluctuation in PA up and down will most probably get you the 20 pips regardless if you had a buy or sell position.
Thats nice if your broker doesn't increase your spread by 20 + pips on NFP news.Most do so you'll gain nothing or lose because of spread
also by the time you heard the news/its too late and you'll be filled at the top or bottom just my 2 cents
  • #138,867
  • Sep 4, 2009 7:09am Sep 4, 2009 7:09am
Please dont ask hard question befor NFP news.after that i answer all of your question.
Be cool in trade
Be cool in trade
  • #138,868
  • Sep 4, 2009 7:09am Sep 4, 2009 7:09am
Closed all positions + pips.I'm out News too close
  • #138,869
  • Sep 4, 2009 7:10am Sep 4, 2009 7:10am
Quoting T.E.Lawrence
No, I'm super serial! C'mon! Only 25 minutes left! I need to place a trade at least 5 min before da news, man!
funny
you almost had me there
  • #138,870
  • Sep 4, 2009 7:10am Sep 4, 2009 7:10am
Quoting Fly2
Thats nice if your broker doesn't increase your spread by 20 + pips on NFP news.Most do so you'll gain nothing or lose because of spread
Aplari raised the spread to about 20 pips during the last NFP. Will try to save a snap shot later. Most brokers will increase the spread anyway.

No point losing the war because of one battle.

P
  • #138,871
  • Sep 4, 2009 7:11am Sep 4, 2009 7:11am
Quoting perrier
Aplari raised the spread to about 20 pips during the last NFP. Will try to save a snap shot later. Most brokers will increase the spread anyway.

No point losing the war because of one battle.

P
TY sir
  • #138,872
  • Sep 4, 2009 7:12am Sep 4, 2009 7:12am
Quoting Fly2
Closed all positions + pips.I'm out News too close
Chicken!
  • #138,873
  • Sep 4, 2009 7:13am Sep 4, 2009 7:13am
Quoting T.E.Lawrence
Chicken!
if you are daytrader, NFP can swing till you profit gone in second.

Trading is not a game~ you can easily blow you acc if no adware this
  • #138,874
  • Sep 4, 2009 7:14am Sep 4, 2009 7:14am
Quoting Fly2
Thats nice if your broker doesn't increase your spread by 20 + pips on NFP news.Most do so you'll gain nothing or lose because of spread
also by the time you heard the news/its too late and you'll be filled at the top or bottom just my 2 cents
exactly, and sometimes they only move it to one side instead of equally in both directions, sneaky bastards
  • #138,875
  • Sep 4, 2009 7:15am Sep 4, 2009 7:15am
Quoting Fly2
Closed all positions + pips.I'm out News too close
Good for you. I'm done for the week in +++

There's always another trading opportunity
  • #138,876
  • Sep 4, 2009 7:16am Sep 4, 2009 7:16am
it's the final countdowwwwn
  • #138,877
  • Sep 4, 2009 7:18am Sep 4, 2009 7:18am
I can feel the tension in the air... is it time to say?

ONE FOURTY FIVE

  • #138,878
  • Sep 4, 2009 7:18am Sep 4, 2009 7:18am
Quoting T.E.Lawrence
Chicken!
What is your positions now so I can say either cheers or told ya so?
let me rephrase that--tell me what way you are taking trade and at what price for NFP
  • #138,879
  • Sep 4, 2009 7:19am Sep 4, 2009 7:19am
Quoting TheFisherman
I can feel the tension in the air... is it time to say?

ONE FOURTY FIVE

1.4444 and I'll probably jump in with a small sell.
  • #138,880
  • Sep 4, 2009 7:19am Sep 4, 2009 7:19am
10 minutes guys! Should I buy or sell?! I'm entering with 10 full lots, leverage 400:1, margin 5000$! Sweet!
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