Why did US news affect my GBPAUD trade? | Forex Factory

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Why did US news affect my GBPAUD trade?

  • #1
  • First Post: Feb 5, 2014 1:35pm Feb 5, 2014 1:35pm
I believe today's US ADP Non-Farm news spoiled my GBPAUD trade...Anyone know why?
  • #2
  • Feb 5, 2014 7:41pm Feb 5, 2014 7:41pm
Quoting pbylina
I believe today's US ADP Non-Farm news spoiled my GBPAUD trade...Anyone know why?
Liquidity is high at US news time and order flow may have been sufficient in this pair as a consequence.
The road to pipland is arduous and fraught with challenge.
  • #3
  • Feb 5, 2014 9:03pm Feb 5, 2014 9:03pm
Quoting pbylina
I believe today's US ADP Non-Farm news spoiled my GBPAUD trade...
With all due respect, I believe you may be believing the wrong thing then.

best though
When the Joker is in the deck.. fear not and play it well
  • #4
  • Last Post: Feb 6, 2014 8:17am Feb 6, 2014 8:17am
Yeah, I think it had to do more with gbp.
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