I don't post much but that was a great post. Its says it all.
Pips to everyone.
Pips to everyone.
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DislikedGood day to you, Chris!
Are you in on a short position on GU?
RegardsIgnored
DislikedLOL - it never ceases to amaze me how little notice some people take of serious posts warning that is time to be on the sidelines - longer term or expert news traders excepted....Ignored
DislikedAlso short from 1.6604. Looking for a break and close below 1.6583 on the 15M to add to that but looking more likely that we will range between 1.6634 and 1.6583 today (then again it is Friday). Moved SL to BE as price is now below the 50 MA on 15 min, so its now or never for me. Will wait for break of either level to confirm direction if I get stopped out.Ignored
DislikedPersonally, I'd steer clear of fresh positions, unless of course someone knows the NFP number and unemployment rate ahead of the market and can also guarantee the reaction in the FX sphere once the data is announced.
Let the market settle after the data and then look for position. There will be plenty of opportunities.
My two centsIgnored
DislikedPersonally, I'd steer clear of fresh positions, unless of course someone knows the NFP number and unemployment rate ahead of the market and can also guarantee the reaction in the FX sphere once the data is announced.
Let the market settle after the data and then look for position. There will be plenty of opportunities.
My two centsIgnored
DislikedFair enough, in that case they should have some fun.
A bit like taking a punt on the Melbourne Cup - an event I steered clear of this year, given my terrible record in betting on sport events.
Hope you're good, BB.Ignored
DislikedAll good bro, I had a huge week on the market this week, not even the Melbourne cup can dampen my show. The boys know what i've kicked in this week.
Keep rollin' in the pips Paul....Ignored
DislikedPlease what should we be expecting from the news coming out from the US now. Should we trade. Please what are the signals to bepart of this great opportunity that is going to happen in the next one and half hour?Ignored
DislikedI have 3 tops on dow 5m chart....
It feels like it wants to go up... we will see who wins...
And after all it`s just one trade....Ignored
DislikedYeh agree
My favoured tactic (simplistically put below) post nfp release if, and only if there is a clear direction taken by the market in reaction to it is to either
a. price goes up-sell first hi-and buy first pullback @ any retest of broken resistance
-or conversely-
b. price goes down-buy first lo-and sell first pullback @ any re-test of broken support
As I say above this is a simplistic explanation and whether i do it depends on a number of other factors, but it is a ttypical posts news/data play that may develop (or...Ignored