For those of you that got in the market Friday for the NFP and are still holding I wanted to let you know how I am continuing to manage this trade.
If you did not get in or have already closed out I suggest you still read on as you never know what little piece of information can make the difference in your trading. I have personally closed all my GBP positions but am still holding some Euros.
As I explained towards the end of our session on Friday I expected a flag pattern to form and as expected we are now seeing this pattern take shape. ( to see my chart image click this link www.forexmastermaker.com/images/chart1 )
If I see a break of the initial swing low (1.3755) of the flag I will close my position. Bear in mind I will give it a little room to breathe as different feeds can show false breaks at times. Once the market has completed its consolidation period and a break is made (assuming it breaks up) I will be targeting 1.3837 followed by 1.3850. If it breaks down as previously discussed I will close just below the 1.3755 level. I have already closed over $10,000.00 and have seen approximately 100 pips on the remainder of the position so even if it breaks to the downside
It will have been a good trade to say the least. If you would like to see what the entries of those trading in the room were you can see the actual comments from these traders below. The comments below are just a sample as the session was quite long.
[** NOTE REGARDING TRADER COMMENTS AND TESTIMONIALS: Trading in the off exchange retail foreign currency market is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Please see full disclaimers at the end of this email]08:32:19 {MikeK} in at 2.0276 08:32:21 {igor} @2.0274
08:32:26 {Jeff} got in at 2.0227 out at 2.0257 08:33:07 {peter.c} in at 2.0213 still in full lots for 63 pips
08:33:09 {ReyJ} GBPUSD – Enter @ 2.0221, exit @ 2.0271 for 2 lots
08:33:56 {Cole} Entry at 2.0220 ot at 2.0260 yaaa
! 08:35:57 {zeenat} thanks Dustin, around 50 pips
08:38:31 {tonyt} filled 114.98 usd/jpy and 1.1970 usd/chf 🙂
08:38:57 {Dante_P} Got filled at 20225 with #######. up 55 pips right now
08:40:34 {igor} ######## @2.074 08:40:42 {wellfire} in at 13 hehehe 08:40:57 {tony} in @2.0232
08:41:04 {SB} 2.013 on #######. closed two-third with 65 pips. 1.3700(EUR) on #####, holding still. 08:41:29 {James} made over 40 pips
08:41:39 {Seank} got requote that I shouldnt accept but I did at 20274 gladly closed with 12 pips
EducatedWarrior} I got filled at 62
08:41:49 {Joe} in at .0277 out at .0221 made $2800!!!!THANKS 🙂
08:41:51 {SB} 60 pips on EUR at #####
08:41:56 {tony} 2nd fill this week Yeh!!!
08:41:58 {MikeK} reqouted at 2.0276 closed out all with +15 pips
08:42:27 {Don_C} In at 21 out at 88. Your service is the best! 67 pips.
08:42:47 {mike_trog<EN>} in at 18, out at 85. First trade.. yeah (######)!
08:44:07 {peter.c} up by 80 pips on gbp
08:46:21 {Harry_S} 73 pips on usd/jpy and 52 on gbp/usd
08:47:21 {Barry_B} I got 2.0220 on ###### for 20 standard lots 🙂
08:47:45 {kenley_b} got a bad entry and still made 20 P – good day
If you are not sure how this style of trading works and would Just like more information I strongly suggest visiting this web page which explains how to trade my signals during news releases. www.forexmastermaker.com/signals.htm If you would like to take part in the live calls and utilize the same software that I use to trade my managed account than you can sign up for a trial at this link.
www.forexmastermaker.com/forex.php
SEE WHAT OTHERS ARE SAYING
"I wanted to report the success of the NEW RSS. I traded the UK Retail Sales this morning on two different brokers simultaneously with the following results: Interbank FX (IBFX): 24 pips /IFX Markets: 27 pips. "My entry and exit on these trades spanned less than 30 seconds. Thank you for the great software and for your service… –Victor H., SugarLand, TX
"My first successful trade using Auto-click. It was so fast I didn’t even know I was in until I looked at my account within 2 seconds of the lights going off. Official Time and Auto-Click were at 4:30:00/01 "I used the Medium risk triggers but it was not necessary for this trade since it hit the original Safe Triggers. "IFX put me in 8857 and I closed at 8887 for 30 pips and was executed at 4:30:01. I traded 1 Standard Lot. Not bad. Almost enough to pay the subscription within seconds…" –Jack M., Marion, IN
"WOW, stunning… First RSS trade with CAD this morning worked great for me. Your auto click software is still a mile ahead of anything else out there." –Jason, T., Wyoming, M
I "Thursday did 25 demo pips on Consumer sentiment. This really works at the speed of the light." — Franc B., Skofja Loka, Slovenia
