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Tekunda · 08-10-2004, 10:15

You have to set an alarm clock and 30 seconds before the big bang you need to enter the market.
FXCM honored my 20 pips stop and the price only moved 10 pips against me after my market order was placed. At 8:30 the price went straight up. I went in the market,GBP, at 17843 and went out at 1.7940. I am always aware of a a total retracement once the first leg has been accomplished, although with NFP numbers this very seldom happens.
I have another long entry order in place at 1.7952 with a 20 pips s/l. I hope that once the price has been able to break through 1.7950, we will be in for another leg, risking 20 pips of the almost 100 I made thus far. (Since more than 15 minutes have passed by now, FxCM will honor my entry order)
And if the price will retrace I have kept my 95 pips and lost nothing on a retracement.

08-10-2004, 10:15	#8 (permalink)
Tekunda level 3 Join Date: Jul 2003 Posts: 633 Rep Power: 0	You have to set an alarm clock and 30 seconds before the big bang you need to enter the market. FXCM honored my 20 pips stop and the price only moved 10 pips against me after my market order was placed. At 8:30 the price went straight up. I went in the market,GBP, at 17843 and went out at 1.7940. I am always aware of a a total retracement once the first leg has been accomplished, although with NFP numbers this very seldom happens. I have another long entry order in place at 1.7952 with a 20 pips s/l. I hope that once the price has been able to break through 1.7950, we will be in for another leg, risking 20 pips of the almost 100 I made thus far. (Since more than 15 minutes have passed by now, FxCM will honor my entry order) And if the price will retrace I have kept my 95 pips and lost nothing on a retracement.