Dow 2007

[tightstops]

if you want a good risk reward trade to get u back on track keep an eye on this thread ill be getting involved shortly with a tight stop

 

[tightstops]

ok getting small long on the cash number at about 14010 10 pip stop might get cracked in 2 seconds might payout i think its worth the risk (incidently ive just halved the size i was going to have on it)

 

[tightstops]

this fridays non farm likely to move the market more or less than usual for any paticular reason anyone?

 

[lurkerlurker]

Hi tightstop. Thanks for the trade. Missed in in RT, but most likely would have only taken it on the demo account if at all - impossible to say really since I can't see how the book was at the time of your entry.

I'm not sure about picking a turning point anywhere before the last half hour. I'll keep you posted if I change my mind.

 

[shortorlong]

this fridays non farm likely to move the market more or less than usual for any paticular reason anyone?

The number was a big surprise last time .. will there be a surprise this time? I don't know but it would be fun if the numbers were good this time .. that would be a surprise I think which would precipitate a moonshot :idea:

 

[tightstops]

well i only got 1/3 of my bet on the rest was 2 and 4 pips lower. im cancelling them now but the bit that got ons made a good start

 

[shortorlong]

ok getting small long on the cash number at about 14010 10 pip stop might get cracked in 2 seconds might payout i think its worth the risk (incidently ive just halved the size i was going to have on it)

what did you use to predict this?

 

[shortorlong]

The number was a big surprise last time .. will there be a surprise this time? I don't know but it would be fun if the numbers were good this time .. that would be a surprise I think which would precipitate a moonshot :idea:

on second thoughts, good numbers better not be too good or the anticipated rate cut might might be less anticipated

 

[tightstops]

im closing half of that to garry some prof

 

[tightstops]

The number was a big surprise last time .. will there be a surprise this time? I don't know but it would be fun if the numbers were good this time .. that would be a surprise I think which would precipitate a moonshot :idea:

is there a general consensus for a paticular number?

 

[tightstops]

on second thoughts, good numbers better not be too good or the anticipated rate cut might might be less anticipated

this is the sort of thing that makes fundamentals so complex and partly why i ignore them apart from wanting to know when theres volatility due

 

[ceydababy]

short dow @33

 

[shortorlong]

is there a general consensus for a paticular number?

http://www.forexfactory.com/calendar.php
1:30pm UK time Nonfarm Employment Change last time: -4K
expected this time 100K

100K?.it's like they just chose a nice round number .. "sorry haven't a clue, 100k sound good to you?"

 

[tightstops]

http://www.forexfactory.com/calendar.php

thanks for the link. any idea how that numbers reached. is it a single entity or an average of a bunch of institutions?

 

[shortorlong]

thanks for the link. any idea how that numbers reached. is it a single entity or an average of a bunch of institutions?

I think it's a consensus .. click the folder icon on the right hand side, an explanation pops up

 

[tightstops]

http://www.forexfactory.com/calendar.php
1:30pm UK time Nonfarm Employment Change last time: -4K
expected this time 100K

100K?.it's like they just chose a nice round number .. "sorry haven't a clue, 100k sound good to you?"

lol sounds clean doesnt it. they probably just pop into the office of some goldman sachs bloke "what u reckon pete?" "tell them 100k and bog off im busy"

 

[tightstops]

this trades looking good. when do i close another half of the half of the third of my trade now then?

 

[ceydababy]

out 41......-12

 

[tightstops]

I think it's a consensus .. click the folder icon on the right hand side, an explanation pops up

i think u must be right thnx

 

[shortorlong]

out 41......-12

bad luck, but at least you controlled the pain .. I'd still be in blinking at the screen