Friday, October 3, 2008

Trading Non-Farm Payrolls With NewsTrader EA Program (11)

I made a mistake in the setup today by trading only the US Non-farm payrolls event and not extending the Newstrader program beyond the ISM Non-manufacturing event.

Most of you would still able to capture the early part of the profits from the initial news action based around the Non-farm payrolls data (except those with alpari server, such as myself.)

Final results from different broker servers are as follows:

Alpari 0 , 0, +25 and +76

Interbank+25, +12, +25 & +76

FXDD +25, +10, +25 & +74

Oct 3: Short & Long @ GBP/USD market
Watch out the following news trading opportunities next week:

Monday - CAD Building Permits & Ivey PMI; Tuesday - AUD Interest Rate Announcement, GBP House Price Index & Manufacturing Production, USD FOMC Meeting Minutes; Wednesday - AUD Home Loans, CAD Housing starts, USD Pending Home Sales; Thursday - AUD Employment Change, GBP Interest Rate Announcement; Friday - CAD Employment Change & Trade Balance, US Trade Balance

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