Hi Molly ,
Yes it is
I think I will leave it alone for a while then lol
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We have employment change and unemployment rate on CAD after 25 min.
Whatever will come it will cause a strong impact to CAD
I sell one lot on usd/cad 1.3307
Expecting 130 pips gain
For whom want sell usd/cad put stop on 1.3355
And t.p 130 pips down
I close the sell trade on usd/cad
Yes Molly, trading on fundamentals is hardest on Forex. It requests significant knowledge on economy of chosen countries followed with deep knowledge of market expectations and reactions on relevant news. Very hard to trade
A side from fundamental news I have one here with 100 % future successful trade gbp/usd trading at 1.3056 t.p 50 pips s.l 20 pips
Dang! Just got stopped out! Maybe closer to 99% future successful trade?
Yes you’re rigt the the market very tight and very manupalative but keep the t.p on your mind the price will go hundred percent to t.p
Now the gbp/usd 1.3038 this time I go around them they’re not
1000% price will go down 10 pips to 1.3028 but this time stop 50 pips
They can not do anything about it so you do
check it out now smart boy 1000%
Needed wider stops!
Smart boy? That wasn’t meant to be complimentary, was it?
It’s up to the projection of your mind
In different background cultures words carries two meanings , isn’t ?
I’m a “glass half full” kinda guy, so thanks for the complement!
You’re welcome
Do you believe in trading during major economic news?