FOREX PRO Weekly May 28 - June 01, 2012

[Triantus Shango]

read this: https://www.forexpeacearmy.com/fore...ng-us-nonfarm-payroll-employment-8-30-am.html

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can someone please explain possible expectation and how to react to the NFP news this afternoon especially with regard to current market trend. thanks

 

[asif faryad]

read this: https://www.forexpeacearmy.com/fore...ng-us-nonfarm-payroll-employment-8-30-am.html

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Hey Buddy,

Your really becoming a very good Analyst ) and information centre..

I sincerely hope you are making as much money from trading as what you deserve mate!!

I popped in to the chat room no one there?? however i have been out of UK for a few weeks so not been to active there..

Have a good weekend!!!

A

 

[Louis123321]

How much are you guys actually making trading per month ? I regularly make between $3k and $4k monthly, and to be honest ... It's all thanks to Sive and the FPA community, Science bless you all.

 

[seedof]

How much are you guys actually making trading per month ? I regularly make between $3k and $4k monthly, and to be honest ... It's all thanks to Sive and the FPA community, Science bless you all.

that really much, i can't make up to that now as i'm still a student in the Uni but when i graduate and start working i'll have enough capital to make such profit.
@Shango
i was asking about NFP in relation to eurusd and not another pair. thanks though

 

[seedof]

considering that market closed yesterday with a doji and NFP coming out below expectation should we expect some retracement in eurusd

 

[Lolly Tripathy]

NIce NFP...
yahoooooooooo.....

 

[Triantus Shango]

indeed. beginning of short squeeze. 200 pips up. TP = 26xx.
am monkey long!

 

[Triantus Shango]

well, it is my understanding that this is a taboo subject in the trading community. actually makes sense not to talk about. but if curiosity is killing you, let's just say, 'a lot'.

How much are you guys actually making trading per month ? I regularly make between $3k and $4k monthly, and to be honest ... It's all thanks to Sive and the FPA community, Science bless you all.

 

[Lolly Tripathy]

same here mate...
going to close my long position..iz it rite triantus..???

 

[Louis123321]

Arh, my sells just got annihilated by that NFP! I am down a lot D: floating, although as expected it is holding below 1.2455 currently and I believe this is only a temporary buy rally purely from NFP excitement.. I'm sure other people's sells just got stopped out too giving market a boost up at 1.24255 which has pushed it to 1.2455 level, however I advise all not to hold onto your buys but actually close them ASAP, because look at larger time frames, this is just another stepping stone for new sellers to jump on the trend & i'm sure they are setting up trades already, which should speed the re establishment to the downward trend by next week ! Question is, will it break 1.2455 resistance? Look at it's behavior when it touched that level. Stick to strategy guys and don't just go on excitement..

Trend is still extremely strong bearish + bearish environment & cannot be changed so easily in long term by this single news release, this is a short term spike only in my opinion. Also remember our long term target is still 1.14 area, which is down!