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Written by Administrator
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Sunday, 17 January 2010 10:46 |
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This is great news number one in forex trading. The effect of this very big news 100-200 pips and always like that. To know the definition of non-farm payroll news may be found on google aja. But in the short or NON-FARM NFP PAYROL is "a component of the Bureau of Labor Statistics employment report which is the single most important trouble of economc activity." News is always out every Friday in the first week of the beginning of the month. Nwes can say this out once a month. This news came out at 19:30 hours (GMT +7). The effect of this news is always 1 (one) direction quickly, can be downward or upward. So that way we can make a trap. The traps are used namely trapping tricks. Step by step: 1. Trade should begin 10 minutes before the news emerged (19:20 (GMT +7)) 2. Place the traps, this dalama TAKE PROFIT = ± 60 pips and STOP Loos = ± 30 3. Open metatrader with 30-minute time frame 4. View current prices 5. +30 BUY STOP at current prices and SELL STOP at -30 pips in haraga now, for example the price of GBP / USD is now 1.8430, then you can open and BUY STOP 1.8460 SELL STOP at 1.8400 6. Take the target in accordance with the needs of its effect 7. Do not forget to put a stop loss 50% of your target. 8. If you use a real metratrader for trading, then do not forget to set trailing stop = stop 15.trailing aims to shift the stop Loos take profits. For example Loos mila stop 30 pips, then when you stop the profit +30 Loos will shift automatically and +15 pips profit increased more then the trailing stop will automatically increase. 9. 90% of this strategy successfully. If you are a trader with the standard account, can actually do enough trade here once a month with a monthly target of 100 pips. So in 3 months was able to ROI (return on investment).
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Last Updated on Tuesday, 19 January 2010 17:28 |