NFP WARNING !!!!!

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The French certainly know how to make a mess even worse. After a corrupt Conservative; they pick a socialist when in a recession; and apparently Marine Le Pen (an even more extreme socialist) is leading in the popularity rankings. From bad, to ...

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Read somewhere he has the lowest popularity ranking of any prime minister/president of any developed nation ever !!

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France’s Hollande: Current economic policy is the only one that will ensure Frances credibility “Government will take all necessary savings measures without endangering Frances welfare model. Low market interest rates are testament to French ...

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S&P just downgraded France to AA from AA+, with a negative outlook.

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Even if we had read up on recent US economic news, and had a sophisticated spreadsheet, to determine potential GDP numbers - PA pre and post news, was the actions of all traders trading on US dollar pairs. If my view was different from the majority ...

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Trading is a gamble. But H1 chart doesn't lie, it said sell !! So I am not relying on my knowledge of economics, I am relying on the big bank's knowledge, who were the big sellers in GU to create that setup. I interpreted my charts - not economics

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Literally as I press the button on posting this, alarm bells rang in my head - fake out. And yes, I was talking to myself....chastising myself for, almost, getting caught.

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Just before it. H1 was a massive sell; so the pre-news fakeout confirmed the direction of the PA

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I shut out all fundamental opinions as I sit down to trade. I just trade my signals. As you all know, I read heavily on all matters of economics (drives my wife mad; holiday novels - no way - economic books). Studying economics is my passion, but ...

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RD, Depends on what news is being released; depends on which broker you are with

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I dont drink during the week, affects my concentration (and my waistline !!)

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Closed GU short + 38

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My mouth is watering !! but Friday evening is still far, far to far away

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ok, fair enough. Well, humble ole me... I will, because it was a perfect setup for me.

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Draghi comment: "I see no deflation risk in EZ" !! Marty says "No !!"

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RJ, Congrats !!

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Nope good news on GDP. Just a wee fake-out

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Perfect MA setup on EJ M15 Pre-news !!! Anyone else take it ?

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Astonishing +108 pips in about 10 minutes !! GU looking like its trying to reverse ???? Bad US news ??? Caveat emptor !!!!! EDIT: trade was on EJ

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