Non-Farm Payroll Trade
Posted on 04. Oct, 2009 by Jakob in Forex Signals
Last Friday we had the Non-Farm Payroll numbers, and I took one trade, as planned. Actually I had a pending order waiting to be triggered, but this never happened, and I closed it before the NFP. The numbers came out worse than expected, and I got in on a long EUR/USD trade, about 20 minutes after the numbers was released. I got in at 1.4514, risking 2% on a 100 pip stop loss, and closed the trade at 1.4580 for a profit of 66 pips, or 1.32% return on account balance. This is definitely a better start of the month, compared to last month’s NFP trades. This time I traded almost exactly according to my plan, although I was risking 2% when I had actually decided to trade 1%. All the details of this trade was, as always, posted on twitter, with a warning some minutes before the actual trade. I am looking to change the way I send these signals, so I you want to be updated, but sure to sign up for my newsletter.
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