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  • #533,941
  • Sep 2, 2011 7:16am Sep 2, 2011 7:16am


Quoting Myrza
My guess is that this will hover in a 25 pips range within the next 1.5 hour (4265-4240)
Trade what you see, Not what you think.
  • #533,942
  • Sep 2, 2011 7:16am Sep 2, 2011 7:16am
Quoting KiwiTrada
For anyone little experience with nfp trade suggest look to closing trades, starting now, then sit on hands until dust has settle, it quite often account killer, emotional trader killer, inexperience killer, it just a killer.

It is not time to guess, wish, hope, pray, enter at your own risk, very high risk.

For all other forex opium addicts, buckle up and enjoy ride rocket and rock

See you on the other side
Yes KIWI is right the swings can be rather stupid. 200 up 200 down then the move to where ever all afternoon......
rat
  • #533,943
  • Sep 2, 2011 7:18am Sep 2, 2011 7:18am
Quoting KiwiTrada
For anyone little experience with nfp trade suggest look to closing trades, starting now, then sit on hands until dust has settle, it quite often account killer, emotional trader killer, inexperience killer, it just a killer.

It is not time to guess, wish, hope, pray, enter at your own risk, very high risk.

For all other forex opium addicts, buckle up and enjoy ride rocket and rock

See you on the other side
What do you think of opening a small position with a tight SL?
  • #533,944
  • Sep 2, 2011 7:19am Sep 2, 2011 7:19am
Quoting khizer
YEs some signal over here, but nt quite sure. Are you?
Nah impossible to be sure, but i can a bullish setup so i'll probably long the spike down (if there is any)...for 1,433x
If the move down is too strong i won't long though...so my plan is to wait until the NFP dust settles before taking a position
COT: The precious data ignored
  • #533,945
  • Sep 2, 2011 7:20am Sep 2, 2011 7:20am
Quoting Robertk
What do you think of opening a small position with a tight SL?
it will get killed in yo yo move
Mohan
  • #533,946
  • Sep 2, 2011 7:22am Sep 2, 2011 7:22am
Quoting mohan76
it will get killed in yo yo move
Also if I put the TP on lets say fri daily pivot .42895? According to fxstreet:

Quote
Consensus surveys place expectations for the August US non-farm payrolls gain at just below 70k but in reality the dispersion of expectations is extraordinarily wide, ranging from -10k to 160k, which mirrors the type of exceptional volatility that accompanies turning points of the real growth cycle, according to the Brown Brothers Harriman team. "The ADP private sector results and producer surveys argue against a negative NFP print; indeed the evidence suggests that employment may not have fully adjusted to the slowdown in economic activity since earlier this year", said the BBH team. "However the strike by 45k Verizon telecom workers in August and the continued drag from public sector (a 25k drop implied on the consensus forecast, following July's 39k decline) suggest that risks are skewed heavily to the downside
A first good upspike should be able to at least hit that pivot I would think, before the professional sellers are coming in.

I'm just going to try it with a 0.01 lot but thanks for the advice
  • #533,947
  • Sep 2, 2011 7:24am Sep 2, 2011 7:24am
the moment of truth in a few minutes..

tik tok tik tok..
  • #533,948
  • Sep 2, 2011 7:24am Sep 2, 2011 7:24am
Quoting kuroro001
Nah impossible to be sure, but i can a bullish setup so i'll probably long the spike down (if there is any)...for 1,433x
If the move down is too strong i won't long though...so my plan is to wait until the NFP dust settles before taking a position
i agree kuroro
  • #533,949
  • Sep 2, 2011 7:25am Sep 2, 2011 7:25am
Yes i remember you qoute this level from morning!
you are right!

For those whom wants to trade nfp:

better to waite for first spike extrem high or extrem low (if happend) than enter in opposite direction with s/l (what you can afford).

"be remember first spike its for manipulation and for hitting all s/ls.

Quoting kuroro001
Nah impossible to be sure, but i can a bullish setup so i'll probably long the spike down (if there is any)...for 1,433x
If the move down is too strong i won't long though...so my plan is to wait until the NFP dust settles before taking a position
Trade what you see, Not what you think.
  • #533,950
  • Sep 2, 2011 7:25am Sep 2, 2011 7:25am
Quoting The Oracle
the moment of truth in a few minutes..

tik tok tik tok..
Hopefully this is a good one.

There hasnt been a good NFD day for ages now.
rat
  • #533,951
  • Sep 2, 2011 7:28am Sep 2, 2011 7:28am
good luck everyone
  • #533,952
  • Sep 2, 2011 7:28am Sep 2, 2011 7:28am
Quoting Robertk
Also if I put the TP on lets say fri daily pivot .42895? According to fxstreet:



A first good upspike should be able to at least hit that pivot I would think.
I'm just going to try it with a 0.01 lot but thanks for the advice
I could go instant, but normally whippy in a blink all tight sl gone split second, this can be traded, but only very experience news traders, with high commission brokers, gaurenteed stop etc, it can go way past your stop, and will be fill earliest price, your account is gone, your stop useless
If you are new to Forex? Say Goodbye to your account!!
  • #533,953
  • Sep 2, 2011 7:29am Sep 2, 2011 7:29am
I extended the invitation monday morning.

Is anybody coming along?

If so we will so celebrate with grand joy at sub 1.40.

Ha Ha.

The so called expert thread ridiculed us muppits with our short positions.

This has turned out to be a very nice trade that was all so simple.

Sorry experts and your insults.

Your exclusive thread it looking more and more meaningless (ERR...USELESS )with each passing day.
  • #533,954
  • Sep 2, 2011 7:34am Sep 2, 2011 7:34am
Quoting khizer

watching which side m15 closes
  • #533,955
  • Sep 2, 2011 7:36am Sep 2, 2011 7:36am
This should start going down but I always wait 30 mins after this news before i take the trade just to be sure
rat
  • #533,956
  • Sep 2, 2011 7:36am Sep 2, 2011 7:36am
Quoting hindustani
cloggie support fund is growing rapidly today enjoy the longs
  • #533,957
  • Sep 2, 2011 7:37am Sep 2, 2011 7:37am
NFP ok red what does it mean ? same as forcaste ? how this confusion technically made here . lets see how much it may tank to take the long .4201 should be ok or stay breakout with confirmation 4315 breaks to ready go bull .anyway pending not actuvated but already taken to see .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #533,958
  • Sep 2, 2011 7:37am Sep 2, 2011 7:37am
Quoting forexings
You should change your SL point. Normal reaction could hunt your SL

ye 2 fukin pips disaster ....... it could have been Christmass ho ho ho .... but covered in nzd/usd as usual
  • #533,959
  • Sep 2, 2011 7:37am Sep 2, 2011 7:37am
Quoting rattyo
No im trading an easier pair..USDCHF....

This EU pair is a big mess

but im may go for a short depending on the NFP reaction

I dont care about Cloggie ...his gone now so that good stuff....hopefully he dont come back again...
I have to say that although he was quite rude and obnoxious with some (perhaps many) of his posts, his actual trading posts were a pretty good read. We need to keep those sorts of people here (minus the non trading insults) so we can all reap the benefits.
  • #533,960
  • Sep 2, 2011 7:38am Sep 2, 2011 7:38am
Quoting KiwiTrada
I could go instant, but normally whippy in a blink all tight sl gone split second, this can be traded, but only very experience news traders, with high commission brokers, gaurenteed stop etc, it can go way past your stop, and will be fill earliest price, your account is gone, your stop useless
Hmm yeah, was a small upspike at the start and somehow I managed to close it manually, thank god 0_o;
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