June '04 Forex

Redben

Member
68 0
Fabulous post, very insightful and candid, a multitude of information to look at, and also well written! Good work, Frugi.

Ben
 

JonnyT

Senior member
2,560 22
No No No

darrenf said:
Another big news day looming tomorrow. US non farm payroll as 1.30 pm UK time.

Is this a "stay away" day bearing in mind wild volatility on previous big news days?


What do you guys reckon?

Whatever happens, hopefully it will give the eur/usd a bit more direction for next week.

You have to trade the big news days to turn a decent profit.

Stay out and be a loser long term.

Its all about trade management.

JonnyT
 

darrenf

Well-known member
481 3
Its all about trade management.

JT. Thats my point really. The recent non farm payroll days have seen wild volatilty making a trade virtually impossible to manage.

A decision to stay out when this is expected could be classed as trade management in itself.

I know what you mean though, you have to be in it to win it after all!

Darren
 
 
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