Hello men. .
Just help me in this question. .
When placing Pending Orders for NFP. . How many pips apart will be fine for it?!?!
THANX .
Hello men. .
Just help me in this question. .
When placing Pending Orders for NFP. . How many pips apart will be fine for it?!?!
THANX .
Well, you are pretty certain it's gonna become a mover. So whatever you feel comfortable with that will not spike you in. This goes back to knowing your broker, the way they expand, how they spike and judging it from there.
I move 10 -10 ish unless it's being really spikey.
No I mean when NFP is fine, dollar will rally, then after a while it will run into a brick wall of sellers. When it hits this wall, market.Originally Posted by ;
It's actually quite a fascinating process how it works. There are a lot of reporters sitting in a room somewhere in Washington DC. At 8:15am they're given the NFP report by the BLS. They sit in this room for 15 minutes and write a story about the report. Then is a countdown, 10, 9, 8, you get the picture. Then at they're allowed to transmit their story to their news business. The reporters work for companies like bloomber, reuters etc I know this seems like a crazy procedure, but that is really how it's done.Originally Posted by ;
What do you say we all pitch in and buy one of those guys somethin' real nice.:Originally Posted by ;
Ohhh god. Man, use leverages with becareful and this. Get the amounts and use your mind with this particular report, better than straddling, dangerous with this high volume report. GL, hehe, ill sit out this one...
Retraces are not known for this particular report. Dont if anyone is looking for it fade this one.
There is always a pullback of the initial spike into some Fib degree then a continuation but true you shouldn't attempt to fade it straddle it - wait to your retracement then get in.
There will be a retrace TRUE. But to that degree?Originally Posted by ;
Must you wait for the 1st moment's move to choose which is the FiB degree? Or wait for 5 minutes?
Understanding where degree *isthe big GUESSING GAME.
This is why I exchange half through Straddle and another half through Market Order.
BK, et al,Originally Posted by ;
Maybe it is only me (or the Louis the Tray, yet another one of those $250 dinners) but how do you have #1 and #9? Aren't they mutually Did you mean #1 OR #9??
Help a brotha with this 1!!
Personally,
I believe Non-farm Productivity is throwing everybody off course, as is ADP. Both scrapbooking increased productivity and more jobs (appropriate ). That's the installation. IMHO Non-farm Payroll will reveal dollar weakness and ship cable toward the magic 2.0000 level.
But what do I know. It's 05:46 gmt, 12:46 am est and WAAAAY past my bedtime.
Goodnight and Goodtrading.