Yes, I definitely appreciate that. I also try and physically look back at least to the previous news release. Anyway, it seems like the market has decisively started to short the AUD ahead of this news release. So, pretty soon I may enter into a ...

Central Banks & Big Players

Thanks bro! I like the way you give us the historical research. Are you trading the BOE Rate Decision and/or the ECB Rate Decision?

Central Banks & Big Players

The market seems to be selling AUD ahead of this news. But, that is not confirmed yet. It will take another hour or so for me to be convinced.

Central Banks & Big Players

Last months Australian Retail Sales EUR/AUD reaped about 60 pips. So, I'll be trading the AUD next up at 7:30 PM EST.

Central Banks & Big Players

I always go with the market momentum before the news, so it wouldn't even matter where I lived. That is why I only lost 3 pips. Besides, your statement sounds like nothing more than a "hunch". It's dangerous to trade based on a "hunch". lol

Central Banks & Big Players

So EUR/CAD ended the day 50 pips lower post BOC Rate Decision. The market was anticipating a rate cut before the news was released. If this had actually happened I think we would have seen a significant rally to the upside in EUR/CAD, GBP/CAD. The ...

Central Banks & Big Players

Sometimes even 1% or even a demo account is good when you are trying to gain more confidence (balls).

Central Banks & Big Players

There are probably more than 3-4 important news events per month.

Central Banks & Big Players

Ah, Grasshoppa! You have made some great observations... You are correct, price action, support and resistance, pattern formations and the like are all speculation. Unfortunately, they only have about a 50% success rate and terrible R/R ratios but ...

Central Banks & Big Players

I'd have to agree with that. Trading the news is trading in it's simplest and most user friendly form. You don't even have to worry about having open positions for days or months at a time. You also know exactly when you need to be in front of your ...

Central Banks & Big Players

The market was shorting CAD, I joined in. If this was a rate cut it would have been a small fortune. I forgot to put my stop loss to break even. I think this is very important. I ended up with a small loss.

Central Banks & Big Players

Good eye, that is a serious help. It explains a lot. Also, gives you an idea if it will be worth it to trade an event.

Central Banks & Big Players

Alright I'm out, only about +40 pips. Not too impressive. The last BOC Rate Decision sent EUR/CAD up about 100 pips in about 1 hour and 15 minutes, so maybe I'll check that out tomorrow AM.

Central Banks & Big Players

I will stay in this one until I get my exit signal on the M5.

Central Banks & Big Players

I hope it retraces and then start going back down again.

Central Banks & Big Players

Much better than yesterday, very nice so far.

Central Banks & Big Players

url

Central Banks & Big Players

The last Australian GDP data on 2013.12.04 sent EUR/AUD up about 170 pips from (UTC) 0:30 - 2:30 (2 Hours). The past is not indicative of the future but I think it is worth the risk, seeing as though 10 pips could have been the risk on this trade. ...

Central Banks & Big Players

Only AUD GDP for now, also might check out Sweden Industrial Production.

Central Banks & Big Players

image

Central Banks & Big Players