AU Employment Change – CNT EA Spike Trade 02/12/14 (+24 pips)

Update: The Australian Employment Change release came out at 71.5K, much higher than the expected 9.5K and unemployment rate also improved by droping from 5.5% to 5.4%. The CNT EA entered a BUY trade in the AUD/CAD at 1.0617 as the market spiked immediately after the release. As the AUD/CAD continued to go up, the […]

AU RBA Rate Spike Trade 10/02/12 (40+ pips)

Update: RBA surprised the market by cutting rates by 0.25%, we entered on a sell AUD/NZD immediately after the release at around 1.2459 level. Few minutes later, Henry closed half of the position at 1.2443 and moved SL to to the entry price. AUD/NZD eventually dropped further below our TP level at 1.2420, yielding a […]

New Zealand GDP q/q Spike Trade 09/19/12 (+35 pips)

6:45pm (NY Time) NZ GDP q/q Forecast 0.4% Previous 1.1% ACTION: NZD/USD BUY 0.7% SELL 0.1% Definition “Gross Domestic Product (GDP) measures the total value of all goods and services produced by the economy. A rising trend has a positive effect on the nation’s currency. GDP is the broadest measure of activity and the primary […]

UK Prelim GDP q/q 07/25/12 Spike Trade (+10~20 pips)

4:30am (NY Time) UK GDP q/q Forecast -0.2% Previous -0.3% Definition Our focus will be on the GDP, is defined as the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of […]

Money Management Coaching: 3. What is Risk to Reward Ratio?

  What is Risk to Reward Ratio?   A ratio used by many investors to compare the expected returns of an investment to the amount of risk undertaken to capture these returns. Example: If you bought EUR/USD: BUY EU @ 140.00, SL 139.70, TP 140.30 Risk = 30 pips, Reward = 30 pips, ratio 30/30 […]

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