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  • #769,541
  • Mar 8, 2013 7:57am Mar 8, 2013 7:57am
Quoting Pegasus54
There is a difference between skill and luck. Trading a few minutes before NFP or during NFP release is not skill. You may as well go to the casino.
disagree, we sometimes see market expectation like today with euro, droping below 1,3100 with good slowing momentum from the previous rally just before release, I've seen it many times before.
sometimes price says it all, happend many times before, try to go back in the charts and find it.
good luck
swing it!
  • #769,542
  • Mar 8, 2013 7:57am Mar 8, 2013 7:57am
Did you notice the data leak?!?! EURUSD jumped up at 6 and 8:15 est to suck in as many people as possible before the data release. Gotta love it.
  • #769,543
  • Mar 8, 2013 7:59am Mar 8, 2013 7:59am
Quoting MaxDoom
new EU short @ 1.3030
new EJ short @ 125.28
I am planning to short as close as possible to 125.40s... I don't care if I can't tough mate. I am happy when a friend is collecting the missing pips
  • #769,544
  • Mar 8, 2013 7:59am Mar 8, 2013 7:59am
Quoting kckates
Did you notice the data leak?!?! EURUSD jumped up at 6 and 8:15 est to suck in as many people as possible before the data release. Gotta love it.
Yes I was one but luckily took a short after the loss and gained back 95% of my initial noooobness
  • #769,545
  • Mar 8, 2013 7:59am Mar 8, 2013 7:59am
Quoting Pegasus54
There is a difference between skill and luck. Trading a few minutes before NFP or during NFP release is not skill. You may as well go to the casino.
not if you know what you are doing
  • #769,546
  • Mar 8, 2013 8:00am Mar 8, 2013 8:00am
Quoting 4exNinja
Which is why I exited right before the news...and then re-entered. Was just pretty set on the general direction. Of course if you had asked instead of calling me names you would have known that.
Ummm. I didnt call you a name, I asked if you were a newbe. Most people who trade right before NFP release have major discipline and patience issues...AKA Newbe. Dont get your panties all wrinkled up there. LOL
REQUESTING NO VOUCHES.Vouches are useless.
  • #769,547
  • Mar 8, 2013 8:00am Mar 8, 2013 8:00am
Quoting MaxDoom
not if you know what you are doing
You should accept tough mate, it is not suitable for everyone...!
  • #769,548
  • Mar 8, 2013 8:01am Mar 8, 2013 8:01am
i'd rather wait for 2980 before any long.

enjoy your weekends, fellas. done for today.
  • #769,549
  • Mar 8, 2013 8:01am Mar 8, 2013 8:01am
Quoting SnaveForex
you got balls..? pull the trigger
Couldn't resist... Oh dear the gambler in me is awake. You know that mental discipline I talked about yesterday? It's just gone out the window. Watching m15 for the slowdown
  • #769,550
  • Mar 8, 2013 8:01am Mar 8, 2013 8:01am
done...+8 and +14 (big lot)... + 22%
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  • #769,551
  • Mar 8, 2013 8:01am Mar 8, 2013 8:01am
Quoting math_GB
Of course mate, of course... I aim for another 29 pips today nothing more...no set-up for me at the moment...
Am currently number 4 on the Leadboaard thats with my micro account
  • #769,552
  • Mar 8, 2013 8:01am Mar 8, 2013 8:01am
Quoting MaxDoom
not if you know what you are doing
Even the most experienced traders CANNOT predict what NFP will do. I dont think anyone in this forum is THAT experienced.I have been around for 9 yrs and I happen to know how unpredictable NFP is. Its a GAMBLE...plain and simple.
REQUESTING NO VOUCHES.Vouches are useless.
  • #769,553
  • Mar 8, 2013 8:02am Mar 8, 2013 8:02am
Quoting MaxDoom
not if you know what you are doing
yep, listen to dr.doom there.
  • #769,554
  • Mar 8, 2013 8:03am Mar 8, 2013 8:03am
Quoting MaxDoom
not if you know what you are doing
Exactly Maxdoom coz they were looking to touch the second daily res thats all for a big retracment
  • #769,555
  • Mar 8, 2013 8:03am Mar 8, 2013 8:03am
Quoting math_GB
You should accept though mate, it is not suitable for everyone...!
no never said it was

I don't always trade it either - it depends on the preceding play (days) and on my expectation of the results which I clearly publish beforehand along with my EU trade, but his comment was a complete generalization and deserved a pointed response
  • #769,556
  • Mar 8, 2013 8:04am Mar 8, 2013 8:04am
Quoting ec_creep
yep, listen to dr.doom there.
I can guarantee that all of you who traded NFP and was lucky enough to make pips would have disappeared had you lost. Im just saying....the biggest part of the game here is to protect your account. Trading right before or during NFP is not protecting your acct.
REQUESTING NO VOUCHES.Vouches are useless.
  • #769,557
  • Mar 8, 2013 8:04am Mar 8, 2013 8:04am
Quoting mercy seat
Covered all positions ...

Done at 1.30290 ... ...

14h31 CET

OCO protection deactivated ...

Pendings above previous printed highs only ...







;-|



Started to play a little to the long side since 1.29940 ...

15h01 CET






;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #769,558
  • Mar 8, 2013 8:04am Mar 8, 2013 8:04am
i think at the least ny will have to reach the march 6th low before we see a bounce.

i'll be looking to buy a little below that level, give ny a chance to reach the lowest low.
  • #769,559
  • Mar 8, 2013 8:05am Mar 8, 2013 8:05am
trying a short, but this still seems a OTT reaction to the NFP figure. Market really wants to screw Euro bulls at the moment, I caught the ride up in this and uj but had the good sense to cash out before.

No doubt soon the market will try to screw euro bears, the trick is being on the right side
  • #769,560
  • Mar 8, 2013 8:08am Mar 8, 2013 8:08am
Hopefully it's gonna trip the stops at 2966.
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