Elleell, FerruFX, Binnie, Verve, and Scoobi, What trading platform do you guys use? I use Tradestation, but the stop loss is NOT protecting me from "gaps." This morning on AUDUSD I had my stop set at .93182, which should have given me a small profit ...

How to trade NFP/FOMC and make pips

Thank you for your quick response Scoobi. No, apparently I am not following the rules on page 1 of the thread. You're right, I only use, my only protection is a stop loss / sell stop. That's all that Tradestation offers. By the way, it happened ...

How to trade NFP/FOMC and make pips

Scoobi, This morning I traded GBP/CAD and EUR/GBP. I did OK on EUR/GBP, but GBP/CAD blew right threw my stop. I set my stop at 50 pips for a little extra cushion against the initial whipsaw up and down action. GBP/CAD gapped OVER my stop/loss and I ...

How to trade NFP/FOMC and make pips

I'm sorry Scoobi, I think I misread your question. Per your advice, I used 4 pairs: GPB/CAD, CAD/JPY EUR/CAD, CADCHF

How to trade NFP/FOMC and make pips

Hey Scoobi, I use TradeStation

How to trade NFP/FOMC and make pips

Scoobi, Thanks to you I kicked butt this morning with GBP/CAD. You know what they say; "Give me a fish, I eat for a day, Teach me to fish, I eat for a lifetime." Scoobi, you've taught us how to fish. You the man!

How to trade NFP/FOMC and make pips

Thank you Scoobi---lesson learned.

How to trade NFP/FOMC and make pips

Scoobi, This morning (8/7/14) @8:30am (USA time), I used your wonderful strategy on the USD (I probably should have chosen the CAD). Anyway, I used the currency pairs USD/JPY and AUD/USD. Imagine my horror when both went negative. I couldn't believe ...

How to trade NFP/FOMC and make pips

Scoobi, Thank you very much for sharing this idea. I used it today on the USD. So far I am still in the USD/CAD, making good $$, something which NEVER would have happened if you hadn't been so unselfish and shared your strategy. Thank you again. I ...

How to trade NFP/FOMC and make pips

Thank you for sharing this trade---very helpful. Thank you for providing such detail---you explained your rationale for going Short perfectly.

AUD/USD

Scoobidoobi, Thank you for sharing that strategy regard NFP and FOMC; very kind of you. I am looking forward to using it. I will test it this weekend on the Australian Dollar and the British Pound. My previous strategy was to take my best guess on ...

How to trade NFP/FOMC and make pips