Friday, May 7, 2010
Post-NFP (1)
Volatility is there to stay, for a while (?), not related with NFP news. The NFP announcement just pushed the button. I entered as soon as the spread narrowed enough after the news and when a direction was profiling.
Labels:
forex,
trade analysis
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1 comment:
Trading in NFP or post NFP, it is equally risky at least if we are not sure about the situation, I don’t have to worry over spread getting higher because I work with OctaFX, it is a company that allow us to do trading with any technique we like, it includes scalping, hedging, news trading and even EA while the spread is always below 1-2 pips and on common grounds, it is 0.2 pips for major pairs at least, so quite enjoyable for me to do news trading.
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