Anyone Trading on 4hr Charts ?

[bodebliss]

You have to put up more money to back your trade.

The market may rally 100 points on news but will then turn and go where it was going anyways.

I remember I saw a chart once on how much the Euro rallies on different kinds of news input. It wasn't more than 140 pips on average for the highest valued news (like rate increases).

 

[Baruch]

You have to put up more money to back your trade.

The market may rally 100 points on news but will then turn and go where it was going anyways.

I remember I saw a chart once on how much the Euro rallies on different kinds of news input. It wasn't more than 140 pips on average for the highest valued news (like rate increases).

Yes, before NFP could make a 200 pips rally, but not anymore. But I suppose it's not very nice if the markets goes 100 or 140 pips aginst you because of major news.