Nice. .Originally Posted by ;
News trading is awful and I stay away from it but from time to time I see a chance I can not pass on. Last month I predicted the drop on the USD/JPY after the NFP launch when everyone was expecting it to move up and this week I visit another opportunity.
I discovered a massive change in amounts on the USD/JPY, which can only mean one thing for me personally, good ADP amount coming out tomorrow at 8:15am ET pushing USD/JPY higher.
The egy: I probably most likely will be buying USD/JPY just before 8:15am on Feb. 2, 2011
Hi Great one,
please post GMT time, then every one can follow your prediction,
Have Blessed Afternoon to U
thank lot
Hence the ADP amount came out better like I thought and USD/JPY moved upward but the spike was not what I had been hoping for. Anyways, I got in just before the launch at 81.43 and shut it at about 24 pips. USD/JPY moved up a total of 42 pips, not so poor but certainly not what I had been hoping for.
P/L: 24 pips
Maximum :42 pips
Max. Drawdown: 7 pips
Originally Posted by ;
Will do.
I usually place my entry (if there is one) at 11:00pm GMT
Originally Posted by ;