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NFP Predictions
Členom od Oct 03, 2016
6 príspevkov
Oct 05, 2016 at 09:48
Členom od Oct 03, 2016
6 príspevkov
Hi Guys
Let's all comment with our NFP predictions monthly on the first friday of every month and how we think it will effect the markets...
Let's all comment with our NFP predictions monthly on the first friday of every month and how we think it will effect the markets...
Money is not 100% of life, it is 99% life.
Členom od Sep 20, 2014
365 príspevkov
Oct 05, 2016 at 09:54
Členom od Sep 20, 2014
365 príspevkov
Flip-flop, flip-flop, dead.
Been a very long time since NFP's done anything mate.
Been a very long time since NFP's done anything mate.
Členom od Oct 03, 2016
6 príspevkov
Oct 05, 2016 at 10:09
Členom od Oct 03, 2016
6 príspevkov
Yeah I know and I believe it is going to be more or less the same this month.
Money is not 100% of life, it is 99% life.
Členom od Sep 30, 2014
1 príspevkov
Členom od Oct 03, 2016
6 príspevkov
Oct 06, 2016 at 06:31
Členom od Oct 03, 2016
6 príspevkov
Yeah I also think it is going to be between 150k and 160k.
Money is not 100% of life, it is 99% life.
Členom od Sep 20, 2014
365 príspevkov
Oct 07, 2016 at 04:59
Členom od Sep 20, 2014
365 príspevkov
Think you're missing the point. NFP hardly has any effect on the markets anymore. Yet this morning absolutely nothing caused Gbp to go beserk.
In markets where algo's rule the old stuff is out the window.
In markets where algo's rule the old stuff is out the window.
Členom od Oct 03, 2016
6 príspevkov
Oct 07, 2016 at 08:08
Členom od Oct 03, 2016
6 príspevkov
Yeah I noticed that these past two months
Money is not 100% of life, it is 99% life.
Členom od Sep 20, 2014
365 príspevkov
Oct 07, 2016 at 13:13
Členom od Sep 20, 2014
365 príspevkov
Years. NFP has had one decent move in last 2 years. I don't even worry about it anymore.
Členom od Oct 03, 2016
6 príspevkov
Oct 09, 2016 at 06:19
Členom od Oct 03, 2016
6 príspevkov
Was on 156k today
Money is not 100% of life, it is 99% life.
Členom od Jul 09, 2015
48 príspevkov
Oct 25, 2016 at 14:59
Členom od Jul 09, 2015
48 príspevkov
Do you know any strategy how to trade effectively the Non Farm payroll?
Členom od Sep 20, 2014
365 príspevkov
Oct 26, 2016 at 11:49
(upravené Oct 26, 2016 at 12:01)
Členom od Sep 20, 2014
365 príspevkov
@MC85
There are 20 days a month to trade, 24 hours a day. That's 480 hours a month, 28 800 mins a month. NFP lasts about 5 mins.
Why on earth do you want to focus on the 5 mins ?!
By the way, there's about 25 000 to 40 000 value changes a day on a pair. You are completely ignoring those by focusing on the value changes on NFP alone.
There are 20 days a month to trade, 24 hours a day. That's 480 hours a month, 28 800 mins a month. NFP lasts about 5 mins.
Why on earth do you want to focus on the 5 mins ?!
By the way, there's about 25 000 to 40 000 value changes a day on a pair. You are completely ignoring those by focusing on the value changes on NFP alone.
Členom od Dec 17, 2015
30 príspevkov
Oct 26, 2016 at 14:40
Členom od Dec 17, 2015
30 príspevkov
I totally agree with you. Many people think they can win a lot in these 5 minutes, more than in a day or two. That's the reason I believe
Členom od Sep 20, 2014
365 príspevkov
Oct 27, 2016 at 09:13
Členom od Sep 20, 2014
365 príspevkov
Well - they must go for it, I'm going for the other 28 755 miuntes....
Členom od Sep 20, 2014
365 príspevkov
Oct 27, 2016 at 09:21
Členom od Sep 20, 2014
365 príspevkov
It's almost beyond my comprehension how people can be this stupid. I don't know if I should laugh or cry.
Členom od Nov 21, 2011
1718 príspevkov
Oct 27, 2016 at 09:34
Členom od Nov 21, 2011
1718 príspevkov
Whatever and whenever people wanna trade... what's the matter as long as you make profit?
Členom od Sep 20, 2014
365 príspevkov
Oct 27, 2016 at 10:29
Členom od Sep 20, 2014
365 príspevkov
@CrazyTrader
Because it simply doesn't work like that. Almost no one makes a profit, the entire MT industry is based around no one makes a profit. If you do they have methods of making sure you don't.
The figures are public for the US industry, which is dismal and the rest of the world isn't doing any better. Basically there really aren't many retail fx traders making money. Maybe 10 to 100 in 100 000 ?!
So if you go after 5 mins in 30 000 you are really, really exponentially fucked. Takes a special level of stupidity to go after something that almost never happens.
Because it simply doesn't work like that. Almost no one makes a profit, the entire MT industry is based around no one makes a profit. If you do they have methods of making sure you don't.
The figures are public for the US industry, which is dismal and the rest of the world isn't doing any better. Basically there really aren't many retail fx traders making money. Maybe 10 to 100 in 100 000 ?!
So if you go after 5 mins in 30 000 you are really, really exponentially fucked. Takes a special level of stupidity to go after something that almost never happens.
Členom od Sep 20, 2014
365 príspevkov
Oct 27, 2016 at 10:48
Členom od Sep 20, 2014
365 príspevkov
And I must say, it's starting to look like you know nothing about fx at all.
I just don't see the mindset it requires to make fx work.
I just don't see the mindset it requires to make fx work.
Členom od Nov 21, 2011
1718 príspevkov
Oct 27, 2016 at 11:47
Členom od Nov 21, 2011
1718 príspevkov
All I know it's easy to make pips on NFP.
I will reactivate NFP EA for the next month... I will post results for coming NFP sessions.
I will reactivate NFP EA for the next month... I will post results for coming NFP sessions.
Členom od Sep 20, 2014
365 príspevkov
Oct 28, 2016 at 11:51
Členom od Sep 20, 2014
365 príspevkov
It's stupid to try make pips on NFP. On my 30 pairs there over 1 000 000 value changes a day. That's easy. Waiting for a whole month for 5 minutes is insanely stupid.
Členom od Nov 21, 2011
1718 príspevkov
Nov 06, 2016 at 07:33
Členom od Nov 21, 2011
1718 príspevkov
MC85 posted:
Do you know any strategy how to trade effectively the Non Farm payroll?
Hey,
Yes I know one... I have activated my NFP EA this morning for the day, but now I'm at work and I suspect I haven't checked everything. I guess It won't trigger trades. Well it will be for December ^^
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