Its not my intention Mitchoss , your silver longs will turn $$

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Seasonal trader or Monsoon trader doesn't matter, you are the best judge of your entry and exits of trade and full accountability revolves around you to make the damn system profitable using proper MM. Even I know a trader named chartist who's good ...

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Go with LMAX Institutional exchange -FSA Regulated, they are not retail broker . Your funds will be safe plus no gimmicks or cheap tricks done. max leverage they offer is 100:1

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Aussie Retail though High Impact Data, hardly any moves I didn't trade that Binnie. In xxxAUD, you might have EUR AUD , GBP AUD but there are plenty in AUDxxx : AUD USD , AUD JPY, AUD CHF, AUD CAD, AUD NZD

How to trade NFP/FOMC and make pips

Saw your weekend trades turning into green mitchoss , It was earlier in profit on friday with markets tanking and gold rally I thought will take out 1300 and silver sub 20.60 levels. lessons learnt as you said. good luck!

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Rag2Riches, Are you trying to achieve something like this: Recently NZDUSD broke daily lows around 0.8772 and then kept on falling 300 odd pips, assume you have shorted the daily break with Main Position : 0.1 lot SELL NU 0.8772 and kept on adding ...

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Thanks Nico and Binnie! @Binnie, Please feel free to try on any high impact news for a major pair barring CHF news which is sort of subdued.

How to trade NFP/FOMC and make pips

High Impact News : USD 3 pairs from USD XXX Basket (UJ, UCHF and UCAD) long implies 3 lots of USD long vs CHF/JPY/CAD 3 pairs from XXX USD Basket ( EU,GU and AU) long implies 3 lots of XXX long vs USD A=B,B=C implies A=C , nett 3 lots of USD long = ...

How to trade NFP/FOMC and make pips

Please read the initial post with clear step by step, its pretty simple and straightforward. Our experts Verve, Nico , dobenjis or magft one of us can also help and illustrate if needed. Being a beginner please try thoroughly for bunch of news ...

How to trade NFP/FOMC and make pips

Thanks Nico for explanation. FOMC and NFP are major news for USD likewise we have other major events for EUR,GBP,AUD,CAD and NZD to trade also. The idea to take 6 longs (3 USD XXX pairs + 3 XXX USD pairs) 7minutes before the news is to have the ...

How to trade NFP/FOMC and make pips

Agreed, normal times after US Market close and asian hours PA is damn slow.

How to trade NFP/FOMC and make pips

Yes absolutely. You got the trick now. Lets say you have major GBP Data : Pick 3 pairs from GBP XXX Universe and Pick 3 pairs from XXX GBP Universe, either use single account approach (or) 2 accounts approach for double pips which I wrote a ...

How to trade NFP/FOMC and make pips

Let Mr Market decide where it wants to go, our objective is to book profits as simple as that : To avail profits do the following : Have 2 Accounts : Account 1: Take all 6 buys 0.1 lot and keep sell pending orders at 30pips distance 0.2 lots as ...

How to trade NFP/FOMC and make pips

Thanks fellas, this 6 pairs make a good combo. Today netted 45pips . Main contribution from UJ Sell, GU and EU Buy

How to trade NFP/FOMC and make pips

You have messed up mate with higher pending lots!

How to trade NFP/FOMC and make pips

Nico, Doing it on EU and UCHF is as good too, same applies to AU and UCAD. These are opposite repulsive pairs. EU/UCHF and AU/UCAD pairs share negative correlation most of the time since NFP or FOMC is USD Centric you can still get pips but its ...

How to trade NFP/FOMC and make pips

haha , investing dot com web retail sentiment over 70% gold longs. easy meat for big boys to reverse the trend and make killer

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You don't seem to be taking your eyes of the PC, watching like hawk on each hourly candle of Gold Price Actions . I am amazed it seems you are full time trader who doesn't even sleep & eat food at your trading desk . Take care of your health too ...

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