Felix Homogratus
Commander in Chief
- Messages
- 153
Hi there
This is Felix, with the review of the week.
This week, we were watching 4 economic indicators. 1 of them hit the triggers that I sent to you. Let's review it...
1. Wed, Nov 11, 19:30 (Australian Employment) +58 pips (SUCCESS)
I wrote to you that if Australian Employment comes out at 4.9 or higher, AUD/USD will probably go up by 50 pips or more in the first 30 minutes of the report. The higher the number, the bigger the move. Well, Australian Employment came out at 24.5, and AUD/USD moved up by +58 pips. Please see for yourself on this chart: Forex news trading currency exchange charts
Obviously, it's easy to calculate these pips by looking at the charts after-the-fact. And obviously, it would be completely stupid of me to expect that you made exactly +58 pips. Most likely you made half of that or even less. Perhaps you even lost money. When it comes to placing trades in the real market, everything is completely different. These signals are just general expectations of what will happen, whether you can capitalize on them or not is another question. I traded these indicators for around 2 years, and I know it's not easy...in fact even with such seemingly crystal clear moves, it can be quite difficult to make money, because of extremely fast move and much bigger than normal broker spreads.
Have an awesome weekend, and wait for my signals next week
-Felix
This is Felix, with the review of the week.
This week, we were watching 4 economic indicators. 1 of them hit the triggers that I sent to you. Let's review it...
1. Wed, Nov 11, 19:30 (Australian Employment) +58 pips (SUCCESS)
I wrote to you that if Australian Employment comes out at 4.9 or higher, AUD/USD will probably go up by 50 pips or more in the first 30 minutes of the report. The higher the number, the bigger the move. Well, Australian Employment came out at 24.5, and AUD/USD moved up by +58 pips. Please see for yourself on this chart: Forex news trading currency exchange charts
Obviously, it's easy to calculate these pips by looking at the charts after-the-fact. And obviously, it would be completely stupid of me to expect that you made exactly +58 pips. Most likely you made half of that or even less. Perhaps you even lost money. When it comes to placing trades in the real market, everything is completely different. These signals are just general expectations of what will happen, whether you can capitalize on them or not is another question. I traded these indicators for around 2 years, and I know it's not easy...in fact even with such seemingly crystal clear moves, it can be quite difficult to make money, because of extremely fast move and much bigger than normal broker spreads.
Have an awesome weekend, and wait for my signals next week
-Felix
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