Chibuzor Okoye
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do you live in abj ?
I used to. Hmm! Do I know you?
do you live in abj ?
Hi guys. Today there was the "Unemployment Change (GERMANY)" at 03:55 o'lock.
Forecast: -5K
Actual: 9K
Actual was tremendous worse than forecast. (Increase of unemployment in Germany than expected decrease.)
So you would have placed a sell order on EUR. But EUR went up! It went up against JPY and USD, as I checked in the chart.
Why that? Is there any explanation? Those people here trading live, did you end up in a loss?
Regards
I used to. Hmm! Do I know you?
its because the news is of low impact, most technical analysis as at the point is pointing UP so it difficult for the LOW IMPACT news such as Unemployment Change (GERMANY) to change the cause of the market.
"US GDP Annulized" some minutes ago at 08:30 o'clock.
Actual worse than expected, so put a sell order. First move was in the right direction (USD down), but it came back and closed in USD up.
Maybe because of some profit targets got executed?
But no luck in trading this news as binary option. Would have been a loss. Any hints on that?
Seems like it's not yet that easy, put a sell order when actual is worse than expected, put a buy order when actual is better than expected :/.
"US GDP Annulized" some minutes ago at 08:30 o'clock.
Actual worse than expected, so put a sell order. First move was in the right direction (USD down), but it came back and closed in USD up.
Maybe because of some profit targets got executed?
But no luck in trading this news as binary option. Would have been a loss. Any hints on that?
Seems like it's not yet that easy, put a sell order when actual is worse than expected, put a buy order when actual is better than expected :/.