Posts Tagged ‘ NFP ’

Too Cautious

  • July 2nd, 2010
  • Posted in Forex

Well NFP has just blasted off and a set of confusing figures were released. A loss of 125,000 jobs but a fairly big drop in unemployment to 9.5% when 9.7% was forecasted. These sorts of deviations usually confuse the market and EURJPY which is usually my prefered pair to trade NFP initially went up and quite quickly reversed  [ READ MORE ]

Damage Limitation

  • January 8th, 2010
  • Posted in Forex

After the morning drubbing it was always going to be a case of damage limitation and that thankfully happened. A couple of nice trades on GBPUSD when it finally broke down managed to bring back some element of sensibility to proceedings. 1.5900 proved too hard to pass and GBPUSD is now firmly stuck between 1.5950 [ READ MORE ]

Developments

  • December 3rd, 2009
  • Posted in Forex

Another solid day with just under 4% gained overall. TUFXP was pinging trades off left, right and centre early in the day with at least 5 potential setups. GBPUSD finally obliged with a triggered trade and after a nervous 20/30 minutes it rammed home. TUFXP really is firing on all cylinders of late and it’s [ READ MORE ]

The Oracle

  • November 6th, 2009
  • Posted in Forex

Today was always going to be an interesting day with the potential US unemployment rates rising above 10% for the first time since the 1980′s. During the morning and early part of the London session, things were very, very slow. A lot of sideways movement in anticipation of the NFP release. Whilst watching a sideways [ READ MORE ]

End of Month..

  • October 30th, 2009
  • Posted in Forex

Well October is over trading wise and it’s been a cracking month. I certainly feel like I’m settling into a nice routine of late and it’s certainly paying dividends results wise. I stepped into Forex back in late June and I thought how hard can this be? I always thought horse racing was tough but [ READ MORE ]

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