How Did You Trade the NFP? - Page 4
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Thread: How Did You Trade the NFP?

  1. #31
    Stan is the system of 4dluv or that rick's system?
    Both guys have a sign service I believe and both are alike with entrances.

    The 1 thing you need to watch on these entrances is a false break that can slaughter you fast. To avoid getting smacked lots of times I watch over 1 pair. Sorry to be redundant but that will help your trading a boat load. I said this in this thread. sorry.
    Anyway, watch gbpusd, eurusd, audusd, usdchf. All have various volumes pumping into them following news. Make certain you have confirmation with 2 pairs before jumping into this trade.
    I like to jump in on the TD line break on a verification of 2 pairs. This typically results and gets you in profit by 5 pips from the time you hit.
    Jeff Swanson

  2. #32
    Quote Originally Posted by ;
    I am trading my own book full-time also and I am trading the larger macros on a longer term basis all the time. Why macros? Because I have the group of economists on the planet working full time to get me-and it doesn't cost me a cent. Want to learn who these economists are? The Federal Reserve.

    Last summer, at the peak of the real estate boom, they called home was going to weaken and was more likely to be a drag on the GDP for many quarters. Imagine if the $ would have shorted where you'd be and the stocks of each home builder and lender at that point!
    The Federal Reserve does not work for you....LOL. They supply advice to you, as.

  3. #33
    Actually, my point was that I do not think enough traders read things like this whatsoever.

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