NFP Predictions
Biedrs kopš
6 ieraksti
Oct 05, 2016 at 09:48
Hi Guys
Let's all comment with our NFP predictions monthly on the first friday of every month and how we think it will effect the markets...
Let's all comment with our NFP predictions monthly on the first friday of every month and how we think it will effect the markets...
Money is not 100% of life, it is 99% life.
Biedrs kopš
365 ieraksti
Oct 05, 2016 at 09:54
Flip-flop, flip-flop, dead.
Been a very long time since NFP's done anything mate.
Been a very long time since NFP's done anything mate.
Biedrs kopš
6 ieraksti
Oct 05, 2016 at 10:09
Yeah I know and I believe it is going to be more or less the same this month.
Money is not 100% of life, it is 99% life.
Biedrs kopš
1 ieraksti
Oct 06, 2016 at 06:04
no change around 150k for me
Biedrs kopš
6 ieraksti
Oct 06, 2016 at 06:31
Yeah I also think it is going to be between 150k and 160k.
Money is not 100% of life, it is 99% life.
Biedrs kopš
365 ieraksti
Oct 07, 2016 at 04:59
Think you're missing the point. NFP hardly has any effect on the markets anymore. Yet this morning absolutely nothing caused Gbp to go beserk.
In markets where algo's rule the old stuff is out the window.
In markets where algo's rule the old stuff is out the window.
Biedrs kopš
6 ieraksti
Oct 07, 2016 at 08:08
Yeah I noticed that these past two months
Money is not 100% of life, it is 99% life.
Biedrs kopš
365 ieraksti
Oct 07, 2016 at 13:13
Years. NFP has had one decent move in last 2 years. I don't even worry about it anymore.
Biedrs kopš
6 ieraksti
Oct 09, 2016 at 06:19
Was on 156k today
Money is not 100% of life, it is 99% life.
Biedrs kopš
48 ieraksti
Oct 25, 2016 at 14:59
Do you know any strategy how to trade effectively the Non Farm payroll?
Biedrs kopš
365 ieraksti
Oct 26, 2016 at 11:49
(labots Oct 26, 2016 at 12:01)
@MC85
There are 20 days a month to trade, 24 hours a day. That's 480 hours a month, 28 800 mins a month. NFP lasts about 5 mins.
Why on earth do you want to focus on the 5 mins ?!
By the way, there's about 25 000 to 40 000 value changes a day on a pair. You are completely ignoring those by focusing on the value changes on NFP alone.
There are 20 days a month to trade, 24 hours a day. That's 480 hours a month, 28 800 mins a month. NFP lasts about 5 mins.
Why on earth do you want to focus on the 5 mins ?!
By the way, there's about 25 000 to 40 000 value changes a day on a pair. You are completely ignoring those by focusing on the value changes on NFP alone.
Biedrs kopš
30 ieraksti
Oct 26, 2016 at 14:40
I totally agree with you. Many people think they can win a lot in these 5 minutes, more than in a day or two. That's the reason I believe
Biedrs kopš
365 ieraksti
Oct 27, 2016 at 09:13
Well - they must go for it, I'm going for the other 28 755 miuntes....
Biedrs kopš
365 ieraksti
Oct 27, 2016 at 09:21
It's almost beyond my comprehension how people can be this stupid. I don't know if I should laugh or cry.
Biedrs kopš
1718 ieraksti
Oct 27, 2016 at 09:34
Whatever and whenever people wanna trade... what's the matter as long as you make profit?
Biedrs kopš
365 ieraksti
Oct 27, 2016 at 10:29
@CrazyTrader
Because it simply doesn't work like that. Almost no one makes a profit, the entire MT industry is based around no one makes a profit. If you do they have methods of making sure you don't.
The figures are public for the US industry, which is dismal and the rest of the world isn't doing any better. Basically there really aren't many retail fx traders making money. Maybe 10 to 100 in 100 000 ?!
So if you go after 5 mins in 30 000 you are really, really exponentially fucked. Takes a special level of stupidity to go after something that almost never happens.
Because it simply doesn't work like that. Almost no one makes a profit, the entire MT industry is based around no one makes a profit. If you do they have methods of making sure you don't.
The figures are public for the US industry, which is dismal and the rest of the world isn't doing any better. Basically there really aren't many retail fx traders making money. Maybe 10 to 100 in 100 000 ?!
So if you go after 5 mins in 30 000 you are really, really exponentially fucked. Takes a special level of stupidity to go after something that almost never happens.
Biedrs kopš
365 ieraksti
Oct 27, 2016 at 10:48
And I must say, it's starting to look like you know nothing about fx at all.
I just don't see the mindset it requires to make fx work.
I just don't see the mindset it requires to make fx work.
Biedrs kopš
1718 ieraksti
Oct 27, 2016 at 11:47
All I know it's easy to make pips on NFP.
I will reactivate NFP EA for the next month... I will post results for coming NFP sessions.
I will reactivate NFP EA for the next month... I will post results for coming NFP sessions.
Biedrs kopš
365 ieraksti
Oct 28, 2016 at 11:51
It's stupid to try make pips on NFP. On my 30 pairs there over 1 000 000 value changes a day. That's easy. Waiting for a whole month for 5 minutes is insanely stupid.
Biedrs kopš
1718 ieraksti
Nov 06, 2016 at 07:33
MC85 posted:
Do you know any strategy how to trade effectively the Non Farm payroll?
Hey,
Yes I know one... I have activated my NFP EA this morning for the day, but now I'm at work and I suspect I haven't checked everything. I guess It won't trigger trades. Well it will be for December ^^
