Hello frnds,
This thread i started to know frank opinion of all the ppl out there who traded todays FOMC statement at 18:15 GMT.
Actualy today happend something which i think rearly happens.
On €/$ the price went up around 50 pips in the last min of 15 min candle at 18:14 and when the news came it came down, in all around 80 pips during the news 15min-candle.
And Gbp/$ in my interbankfx charts had a big gap. The 15min-candle b4 news was small, moved up abit, open=1.9070, high=1.9078, Low=1.9066, close=1.9077 and the next news candle starts at O=1.9121, H=1.9143, L=1.9038, C=1.9075. So here one can note betwn the close of 15-min candle b4 news was at 1.9077 and open of news candle is 1.9121 thats 44 pip diff. i wonder how this happend ??? strange. (Tried to attach charts but couldnt :-( i dont know if tat happend in ur GBP/$ charts.)
It happnd only in my Interbankfx Metatrader charts, whr as in my GFT-charts which had a big move in Gbp/$ b4 news.
Ok, now the main thing is how u guys did... i read the post by MoneyMaster on NFP, loads of you ppl had made 80, 90, or 110 pips in that long big move on last friday.
Actualy i wanted to know how all those ppl did in this trade if they traded todays (8th Aug´06) FOMC.
sO here is wat i did and wat i got. i traded on €/$ on two plaforms
(1) INTERBANK FX (2) GFT.
I made 17 pips on Interbankfx as i had my trailing stops set on. and on Gft i couldnt make that many pips actualy i made nothing... when i saw the price moving up and finding a resistance at R1 i moved my stoploss at B/E and within seconds i will say it was blown out as the price came down as a ton of bricks, and i was out with B/E, if it was not of my moving stoploss to B/E i would haved ended up in tat trade on GFT with a 20pips loss.
So, now its ur turn how did u guys traded this thing. (obviously if u traded)
BE FRANK IF U MADE ANY LOSING TRADE.
Happy Piping.
Sachin
------------------------------------------------------------
( U can always acheive anything U want from life, all u got to do is help others to get them wat they want from their life.)-Natual Law.
This thread i started to know frank opinion of all the ppl out there who traded todays FOMC statement at 18:15 GMT.
Actualy today happend something which i think rearly happens.
On €/$ the price went up around 50 pips in the last min of 15 min candle at 18:14 and when the news came it came down, in all around 80 pips during the news 15min-candle.
And Gbp/$ in my interbankfx charts had a big gap. The 15min-candle b4 news was small, moved up abit, open=1.9070, high=1.9078, Low=1.9066, close=1.9077 and the next news candle starts at O=1.9121, H=1.9143, L=1.9038, C=1.9075. So here one can note betwn the close of 15-min candle b4 news was at 1.9077 and open of news candle is 1.9121 thats 44 pip diff. i wonder how this happend ??? strange. (Tried to attach charts but couldnt :-( i dont know if tat happend in ur GBP/$ charts.)
It happnd only in my Interbankfx Metatrader charts, whr as in my GFT-charts which had a big move in Gbp/$ b4 news.
Ok, now the main thing is how u guys did... i read the post by MoneyMaster on NFP, loads of you ppl had made 80, 90, or 110 pips in that long big move on last friday.
Actualy i wanted to know how all those ppl did in this trade if they traded todays (8th Aug´06) FOMC.
sO here is wat i did and wat i got. i traded on €/$ on two plaforms
(1) INTERBANK FX (2) GFT.
I made 17 pips on Interbankfx as i had my trailing stops set on. and on Gft i couldnt make that many pips actualy i made nothing... when i saw the price moving up and finding a resistance at R1 i moved my stoploss at B/E and within seconds i will say it was blown out as the price came down as a ton of bricks, and i was out with B/E, if it was not of my moving stoploss to B/E i would haved ended up in tat trade on GFT with a 20pips loss.
So, now its ur turn how did u guys traded this thing. (obviously if u traded)
BE FRANK IF U MADE ANY LOSING TRADE.
Happy Piping.
Sachin
------------------------------------------------------------
( U can always acheive anything U want from life, all u got to do is help others to get them wat they want from their life.)-Natual Law.