MoneyTec.com Traders Community Forum - View Single Post - 600 to 100 pips a month Trading The News For Profit

Pheniox_Bernard · 09-08-2007, 18:08

It referred to getting up early and taking a trade at 4:25 am. Eastern Standard time,

I normally do not get up that early and normally do not sit at my terminal before 6 in the morning but knew that this report would generate a market move and decided to trade it. ALso I tend to stay away fro the GBP as it is a scary currency and can make large moves very quickly.

This was a simple hedge trade against teh same currency.

Bernard

09-08-2007, 18:08	#3 (permalink)
Pheniox_Bernard level 1 Join Date: Aug 2007 Posts: 17 Rep Power: 0	Re: 600 to 100 pips a month Trading The News For Profit It referred to getting up early and taking a trade at 4:25 am. Eastern Standard time, I normally do not get up that early and normally do not sit at my terminal before 6 in the morning but knew that this report would generate a market move and decided to trade it. ALso I tend to stay away fro the GBP as it is a scary currency and can make large moves very quickly. This was a simple hedge trade against teh same currency. Bernard