Wednesday, April 29, 2009
FOMC today
FOMC announcement is the big event in forex world recently, much bigger than NFP. It happens today, at 20:15 CET. No trades until then.
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"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
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2 comments:
Κώστα τι γίνεται. Ο Θάνος είμαι (σου χα στείλει email τον Φεβρ). Σου χα στειλει καποιο εμαιλ (στο hotmail) αλλα καταλαβα ότι είχες καποια τρεχαματα. Εαν μπορείς κ έχεις χρόνο να μιλήσουμε στείλε μου ένα εμαιλ.
It can be highly beneficial if we trade during news, but we just need to make sure that we keep everything straight forward, as during news we don’t need to do anything over the top, it’s just simple way of trading that can gain us great benefits. I do it all nicely with OctaFX, as they are very special with having small spreads from 0.1 pips for all major pairs while there is also 50% rebate program where I get 50% back on all trades even with losing one.
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