It doesn't happen most of the time Ferrufx, however we can't rule'em out. Hence to protect account at all cost we can use trailstop EA I posted to set SL on all open trades with following setting : Leave ProfitTarget=0 tentatively and enable 30pips ...

How to trade NFP/FOMC and make pips

Thanks iDouble. Certainly increasing the lot size of the subsequent trades will put pressure for the trade to be accurate, that said we need to use perhaps the same lot size then its as good as closing the previous trade and taking a new one!

Is Never closing any trade a good idea?

Good Wallstoro. we have friday NFP to make some too. Would you mind posting your entries/exits for nfp , appreciate it!

How to trade NFP/FOMC and make pips

Agreed Indrek. We have NFP stacked up on this Friday : 8:30am GMT USD Non-Farm Employment Change 230K 288K Lets get it rolling

How to trade NFP/FOMC and make pips

Verve closing all the trades is left to once appetite for certain profit , you closed it since you made net +ve pips with upmove in AU,GU,EU with UJ/UCAD and UCHF dragging. I will start capturing screenshots of trades from next NFP or FOMC with ...

How to trade NFP/FOMC and make pips

file Folks attached the above position management EA , it won't trade its just for convenient open order closure usage. Please attach the EA to any chart, when you have placed the initial 6 orders and pending orders. Based on your risk appetite ...

How to trade NFP/FOMC and make pips

Guys who are risk averse, please keep pending orders at 25pips instead of 30pips. Keeping it further closer will whipsaw both sides which is unwarranted.

How to trade NFP/FOMC and make pips

Earlier in the day GDP data Outsmarted the expectations 4% US GDP Vs 3% and USD Emerged Stronger to make us pips through USD XXX pairs! For FOMC Fed issued the following statement which assured to tapper 10billion usd however raised few growth ...

How to trade NFP/FOMC and make pips

Is there a chatroom inside ForexFactory to facilitate us chat?, I can explain in detail.

How to trade NFP/FOMC and make pips

Verve you are right, however you kept 3x times sell orders which is more adventurous not required

How to trade NFP/FOMC and make pips

thanks!

How to trade NFP/FOMC and make pips

Verve, Please let me know what doubts you have? Thanks, Scoobi

How to trade NFP/FOMC and make pips

I see, using SL or TP has nothing to do with India or China or Russia , I know several Indian traders who use SL when they are leveraged since you are under leveraged with 1:1 or 1:2 you seem to not use SL which I understand and respect. Good luck! ...

Only Gold!

oops scary eatpips

Only Gold!

It may be waste bot, you never know. Also risky to go against the trend, lets say gold is in "Falling Knife" pattern on daily and it doesn' t make sense to use this bot to keep buying against the trend. Agreed EatPIPS

Only Gold!

There is a bot available for that , it does "buy only" gold on dips its called FGT. It typically does what you are trying to do "Start Investing Gold in June, Sell by/in Jan, Retain some if you can!", you can start using it from June it will buy all ...

Only Gold!

How deep you will keep buying Gold ? till perhaps 1280?, what if it breaks that. clocktrader??

Only Gold!

Fantastic Clocktrader! August and September are strong months for Gold seasonally I presume. I hope this correction below 1290 gives you chance to accumulate as much you can. Like your quotes on MM too, you know what you are upto thats the ...

Only Gold!

Perfect! your protected now .

Only Gold!

Folks, Retail sentiment on GOLD : 66% of folks are long gold FYI that tells the story ,Gold per Ounce is measured in terms of USD I agree that Gold is Physical metal and not in abundance everywhere however with USD so strong it doesn't make sense ...

Only Gold!