Archive for February, 2008

USDCAD trade close at 0.9725

To those who follow our trade idea on Jan 25, we are closing our trade at 97.25cents with 375pips profit. Congratulation for those who make good pips with this trade. Please come again for more trade idea in the near future

How to trade NFP today?

This is some idea on how to trade NFP @ 8.30am EST.

Forecast from economist around 65K job added on January. We will trade GBPUSD on 50k deviations. if 115k job added we will sell GBPUSD and buy GBPUSD if job added is zero or negative.

Should the figure 50k in between the forecast. Stay away. We may see two way price action.

Good Luck



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