DislikedThere's already alot of chatter on BB saying that next months NFP will come out +300k or more. Personally very leery on this numberIgnored
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Auslanco 15min GBP/JPY startegy 630 replies
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DislikedThere's already alot of chatter on BB saying that next months NFP will come out +300k or more. Personally very leery on this numberIgnored
DislikedI must be asleep ... BB ?And man, if it were +300K ... UJ's hitting 95 and GJ 144!
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DislikedWell all I can say and please do not take this as advice as I am just learning the Market profile way of trading by volume but I took a look at that pair and on the 1h and 4h chart it's a clear short.
But again I am just learning this system
However on the Max Tiger system I use it's very clear this pair is on the uptrend now so your short would be a counter trend
DeanIgnored
DislikedBloomberg http://www.bloomberg.com/apps/news?p...d=ayWqhqhHX3Kk
Hell if 300k then GJ would be past 160 by now.Ignored
DislikedOk this somewhat ties in... I just glanced at a 4H EUR/GBP and noticed some pretty serious divergence between this most current high and the last in regards to MACD. Coupling this with many of us believing the GBP strengthening soon, this could be a good short opportunity.
I just took a small position and will add more if/when it drops some.
Thoughts anyone?Ignored
DislikedAwh heck, and I have it tuned in almost 24hrs a day!!! duh!- Thanks. Now ... you know, it's not that far fetched ... given 8,000,000+ were lost, we're light years away from that, but if and when the trend of reduction continues, the first cross over 0 to no loss will be a milestone ... hmmm ... my biggest regret was not properly planning for NFP last time ... could have bought on a nice dip, and, set it as SL, had the number been down. I'd expect a run up come the next NFP as well ... hmm...
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Dislikedone thing i don't understand about it is that in the Feb NFP, the snow was used as a get out of jail free card to explain away the negative effects of NFP saying they caused a drop in the figures. In the BB article analysts are apparently using the snow effect, in March where its not going to be that much of an effect, but this time snow will add c.100k jobs WTF?Ignored
DislikedI'm out of all trades now. Maybe done for the week.
I am sick and I need rest.
But still, trading was great this week.
Keep it going my friends.
ShamuIgnored
Dislikedwhat you unsure about i see you keep posting charts saying not sure?Ignored
DislikedOK. - no more charts
- - -
„not sure“ - means "trade your own charts", "Forex market is extremely risky" and so on.Ignored
DislikedThese two trendlines have made me some money today, just shows you what keeping it simple can do. using the 2 white tl's the weekly pivot and my knowledge of vsa ive got in two short scalps so far today.
the last two rallys down.
http://i865.photobucket.com/albums/a...h_Gj5minwl.jpg
click to enlargeIgnored