FOREX TRADING - AUDNZD -11 pips

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Uploaded by on Jul 24, 2007

Watch me day trading forex live with my 3SMA forex trading system! Visit my website at http://www.hectortrader.com/

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Uploader Comments (Yaguex)

  • Hello Katarche,

    I do very much pay attention to the economic calendar in order to not be exposed to a possible news-delivered spike in the chart. However, this trade was an intraday trade and the nearest news (AUD CPI) was still 15 hours away when I took the entry. Plenty of time for an intraday trade aiming for 30'ish pips.

    -HECTOR-

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  • Hector,

    Given that there were big news announcements for both AUD and NZD imminent (ie Aust CPI and NZ interest rate), I thought you would have passed on this pair...

    My choice yesterday was GBPUSD and CHFJPY - one winner and one loser - break even...

    Anyway, curious on your attitude to upcoming news in general - i have found to my regret that we ignore the news at our peril even though it's easier to stick purely to technicals..

    thanks for sharing

    richard s.

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