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Some USD strength, some profit

AdamFx42 Posted 1 Apr  in #Trader's blog #Nfp Release #USD Data #Audusd Short #Usdjpy Long
I made some profit playing the NFP release today
I decided to go long UsdJpy, and short AudUsd yesterday evening
In anticipation of a good number and some end of the month Usd buying
The AudUsd short I took because I saw an inverted head and shoulders playing out below 0.77
on the hourly chart, and I knew that 0.77 was a strong barrier for the pair
My UsdJpy long I accompanied with a UsdCad long and both made slight profit after the release
AudUsd hit my TP - luckily - before going up again
gl a…
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Wild ride during NFP yesterday

AdamFx42 Updated 6 Giu  in #Trader's blog #Volatility #Nfp Release #Big Moves
I decided to trade the NFP release yesterday
I had a plan to make some pips:
I had set up a couple of buy stops in Eur crosses in case the number dissapointed
and i had set up a couple of sell stops too in case of a good number
My plan was that the sell positions would be opened in case of a good number and vice versa
I had set the buy/sell stops around 20-30 pips from market prices just before release
I had provided all positions with tight stops
What happened was huge market volatility at the …
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After a week of trading I have nothing to show

AdamFx42 Posted 6 Set  in #Trader's blog #USD Strength #Nfp Release #Up And Down
Last week was an exciting start to the contest for me
I gained around 50K selling the Yen against several currencies and tried for more at the end of the week,
data release of the NFP was bad for the Usd though - and the low figure cost me 50K,
so I was back down to zero profit at the close of the week
Still, I can start again, and I will be looking hard at all pairs this weekend,
trying to pick a winner -- I am inspired now to build up my earnings slowly but steadily
Usually, after a dissapoint…
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1 Commenti
Stix avatar
Stix 6 Set

Two month's ago I was 33K on the 16th of the month. I finished 13th, so always hope. Best wishes. :) :)

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