EurAnalysis

Looks like each new high has been sold into agressively.

1,3050 is the line in the sand, above bullish, below bearish.

I wonder about German Factory orders - shouldnt activity in September to be way higher then in "siesta" August? Whish should mean that minor decline of 1.3 is actualy quite big??

Hey PT,

Not sure if we are doing our Non-Farm contest today but I'll put in my guess

100PipsADay - 138k

Thijs - 105k

That is 1380 days - three years and almoust 10 months:nerd:

One job a day growth for US...?

Yep - one job and one hundred pips per day

Yo mate. I dont hate em. I wish em the best and hope one day I will be able to scalp as well. This was my training scalp . There will be some more, I promise.

T

I'm trying to average 500 pips per week. Sometimes I do more, but often times I do less.

That is my long term goal though!

Tell my everything about your trading method then! I want to make 500 too

NFP 90K - and E/U at 1.31xx

100PipsADay - 138k
Thijs - 105k
Rekon67 - 90k

I am knowledgeable because I invest at least 3 hours every day reading, understanding and always looking for new factors that may become important.

Here are some of my words in case you have an interest in my knowledge and experience.


CurrencyMan:

I can make it as simple as this. We have the Professor in charge. That was not a conspiracy. We have a Global economy. We had a POLITICAL decision by Paulson when they put Lehman into Bankruptcy. HELL was let out of the bottle and we got TARP...

It is NEVER the CRIME that is important, it is the COVER UP.

TARP was the cover up...

The FED has brought the World here and that is 100% factual.

THINK OUTSIDE OF THE BOX and you will understand this will not end good. Be prepared and you will prosper. Stay uninformed and prepare to need to JUMP off the cliff.

Even some of the 1% will join the 99% as VALUES arre destroyed as the Dow goes to 6000 and Gold goes to $3000 US...

Today just might be the beginning of the END...

P.S.

Hmmmmmm

Just another COPY & PASTE even if it is my own words that I copied and pasted.

Have a great day and have an open mind. When we think we know it all then we know nothing at all.

I still have much to learn and I look forward to that challenge.

EurAnalysis NFP guessing game
5th October 2012

Entries:

rekon67: +90K
PipTrapper: +97K
Thijs: +105k
100PipsADay: +138K

75,000 with UI Rate at 8.3%

wulfgar not wat you mean.LOL

I use a Trend Strategy which uses a part of the "Third Screen Strategy" of Dr. Alexander Elder. First, I find in a D1 chart the global trend using the MACD indicator. Once the overall trend is clear, I use the H1 time frame to act in the same trend using the Williams Percentage Indicator. When the positions are opened I manage economic news and fundamental analysis to close the position if I think the trend is about to reverse on the D1 chart.

*I apply the same trading strategy to multiple currency pairs.

*Max positions per currency pair 4-8

* SL: 160-180 TP: 280-320

*Win Rate - 50% - 75%

*This SHOULD be able to net me roughly 2,000 pips per month when trading 5 different pairs per month.

*AUD/USD, AUD/JPY, EUR/AUD, GBP/AUD, EUR/CAD


**The problem with my strategy is it really only works when markets are trending, when ranging positions could remain open for weeks or even months at a time. However, when strong trends occur I scale in up to 8 positions for each currency pair at any given time resulting in a large net gain. When scaling in, I try to scale in 2 new positions once price moves anywhere from 50-100 pips in my favor.

**My system is definitely not perfect, but I'm trying to perfect it each day to reach my goal of 100PipsADay!

The dollar index opened at 79.89 on Thursday morning in early Far East trading...just after making what looked like its final two attempts to break above the 80.00 level in late afternoon trading on Wednesday afternoon in New York.

It was all down hill from there...and the decline picked up speed shortly after 12 o'clock noon in London...and the bottom came at precisely 2:00 p.m. in New York, where it looked like someone caught a falling knife.

From there, the index traded sideways, closing at 79.36...down 53 basis points on the day...and was down over 60 basis points at one point.

It should be obvious that gold and silver wanted to really fly on this dollar index price decline, but there were willing not-for-profit sellers in the market ensuring that the obvious didn't happen.

http://www.caseyresearch.com/gsd/sit...52-469x307.gif

EurAnalysis NFP guessing game
5th October 2012

Entries:

CurrencyMan: +75K
rekon67: +90K
PipTrapper: +97K
Thijs: +105k
100PipsADay: +138K

mka_78: +111k