DislikedBetter to trade the Euro in my Currency Futures account instead of FX. Less slippage, no spreads problems, and a better bang for my buck.Ignored
- #338,602
- Dec 3, 2010 7:26am Dec 3, 2010 7:26am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
I can hear some heartbeats...i like this pressure before NFP 
COT: The precious data ignored
- #338,609
- Dec 3, 2010 7:33am Dec 3, 2010 7:33am
- Joined Jan 2010 | Status: Trader | 11,001 Posts
just got kicked out by my broker 
- #338,617
- Dec 3, 2010 7:46am Dec 3, 2010 7:46am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
yes thats a common trading approach. Put stop orders on both sides. However,
my style is to put a stop order in the direction of main trend (in this case its m30 tf as it is clearly trading up). Due to high volatility I will also calculate exit points and place it.
Why? Because I have a support down below and i dont want to trade below that support. If the actual news go in the opposite direction my trade will be cancelled.
Also there is a separate account for trading NFP solely.
- #338,618
- Dec 3, 2010 7:47am Dec 3, 2010 7:47am
- Joined Jan 2010 | Status: No Hope for FF | 3,772 Posts
Up 110 on UJ with s/l at +80
Had a pending sell on fibre at 3300 which I completely forgot about... will wait to try and get better close so as to not lose too much
up 30 on Ucad
Had a pending sell on fibre at 3300 which I completely forgot about... will wait to try and get better close so as to not lose too much
up 30 on Ucad
@pawpaw1000 on Twitter
- #338,619
- Dec 3, 2010 7:47am Dec 3, 2010 7:47am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #338,620
- Dec 3, 2010 7:47am Dec 3, 2010 7:47am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
