Recent content by drfrancis

I normally set wide stop loss to avoid being stopped out due to wild retracement spike that happened with USD/JPY during the NFP. Strangely, if you use USD/CAD, there was no sharp retracement. It could have ben safer using this pair for NFP. The wide stop loss is only there as a last resort...

Aah! Nice jump but i was using the post-spike strategy. It went down after the small second spike. Didn't manage to make money on this. Retracement strategy with stop loss at pre-spike level, and trail didn't work this time :unhappy: