- #46,462
- Jun 6, 2012 8:21pm Jun 6, 2012 8:21pm
- Joined Mar 2007 | Status: Symbol | 2,788 Posts
FF journal: Peaks and Troffs
- #46,471
- Jun 6, 2012 8:45pm Jun 6, 2012 8:45pm
- | Joined Apr 2012 | Status: Trader | 1,823 Posts
Sometimes it's better to be wrong,to learn..
- #46,472
- Jun 6, 2012 8:45pm Jun 6, 2012 8:45pm
- Joined May 2012 | Status: I'm Pawning 95Percent | 1,407 Posts
This is manipulated data, and wrong kind of understanding 
.
Full time employment in Australia rose by 46.1K, it fell by a revised 18K a month prior.
that's why retail traders get conned.
Important is the full time employment not the part time.
Anyway the percentage from 4.9 to 5.1 is abit lame. don't know how they calculate this.
here's a strategy u can try.
hedge it. buy sell at same point with stop loss 15 pips and take profit at 40-50 pips away. if ur broker allows.
however the con about this is that; the broker may not stop u out at the point that u set ur stop loss due to 1 minute spike and slippage.
Then u trade a reversal , from high to middle or low to middle again.
u can bag in some pips.
.Full time employment in Australia rose by 46.1K, it fell by a revised 18K a month prior.
that's why retail traders get conned.
Important is the full time employment not the part time.
Anyway the percentage from 4.9 to 5.1 is abit lame. don't know how they calculate this.
here's a strategy u can try.
hedge it. buy sell at same point with stop loss 15 pips and take profit at 40-50 pips away. if ur broker allows.
however the con about this is that; the broker may not stop u out at the point that u set ur stop loss due to 1 minute spike and slippage.
Then u trade a reversal , from high to middle or low to middle again.
u can bag in some pips.
- #46,474
- Jun 6, 2012 8:51pm Jun 6, 2012 8:51pm
- Joined May 2012 | Status: I'm Pawning 95Percent | 1,407 Posts
