but more often than not, instead of being wary of whats coming, for some reason i trade the news instead. ADP Non-Farm Employment Change, here are the data:
Session: New York, London Crossover
Duration: 24 minutes.
Timeframe: 15M.
Technical: Nil.
Fundamental: US ADP Non-Farm Employment Change.
(Previous: -84k, Forecast: -31k, Actual: -22k)
Strategy: Entry ten minutes before data release. Bullish data as employment change was better than forecast. Price reacted only ten minutes after the release.
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Latest candle was the after the release. taken a short ride down at the opening price of the last candle. price is still going down as the point of writing. that was it for me, target for the day. +10 pips.
won't be trading for the next two days. having night class tomorrow, and a fren's birthday party the night after, maybe. which means to say i may be giving this month's NFP a miss. i realised that i have been keeping up with various trading blogs which i've followed, and found out that this traders community is pretty interesting. u got people from all over the globe, different opinions and perspective, some do blog about their personal life too, from there u get to noe them even better.
i hope this doesnt affect my actual social life outside lol, as RCM once said to me this:
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trading is only part of your life, sometimes there are other higher priority.
good tradings my frens. later.
4 comments:
Hey we missed for the NFP!!
Anyway, have fun with your friends's birthday party.. I remember my party days.... :)
HHAHAHA,...i rather sleep and trade next day.
or enter trade in your phone at friend hse, continue partying lo
by bp
lol RCM, thanks!! if u come to Singapore, let me know, i will bring u some nice place to party! :D hope ur kid is feeling better now.
hey brad, i dont have windows os cellphone, which fxdd serves. :(
haha.. cannot party and trade at the same time very hard to focus both sides, i may still watch the price tho.. :P
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