#66668

Surely by the time you analysed the detailed figures then you would have missed the action?? 🙂

I have a few times set Orders either side (Long and Short) of the price just before release of the NFP figures … as you know, price can shoot up, trigger my Long, then on a 5 second chart I look for a red heiken ashi candle or a long legged doji etc and then exit! All over in 1 to 3 minutes! Very exciting! 🙂

Maybe, if I’m lucky, I judge it right and make money all the way back down again to where price was before the NFP figures were released … but that can take hours to get back down again.

I guess this several hours worth of action is what you are talking about getting in on after detailed analysis?

I’ve tried to judge what the market should do logically in response to news / figures only to find price does the opposite so I find it best to look at what price is actually doing and be very nimble entry and exit!?  Whether price does the opposite, can depend on what price has done in the hours / days before the News … if News should logically send price up, but it has already had a good run up then it may very well go down on the News. Anyway isn’t the addage … Buy the Rumour sell the News / Fact?? 🙂

I guess you know all this, but some readers may benefit?

Cheers
GraHal