I was preparing to trade on the release of the NFP figure by tuning into fxstreet webinar coverage with Valerinia. It is always interesting to get there opinions. As normal a worse than expected figure would result in spike down and better or around the same as consenus spike up, with possible follow through with risk appetite. I trade gbp/jpy.
The consensus was anywhere between -30k to -50k, depending who you were listening too.
Bang on release time fxstreet goes:
-75k!
i have my trade application ready i hit sell ,
literally a second after fxstreet goes;
"sorry -36K".
well it cost me 100pips and some
Some choose to and some choose to stay away from NFP - thats not the question, the question is you expect better than that, dont you?
The consensus was anywhere between -30k to -50k, depending who you were listening too.
Bang on release time fxstreet goes:
-75k!
i have my trade application ready i hit sell ,
literally a second after fxstreet goes;
"sorry -36K".
well it cost me 100pips and some
Some choose to and some choose to stay away from NFP - thats not the question, the question is you expect better than that, dont you?