FOREX Non-Farm Payrolls – May 4, 2007
The headline numbers were bad for the USD. There was no revision. Therefore, the dollar had little support and fell. The market moved quickly to the next level of resistance and stopped. A straight forward breakout trade. Live FOREX Training | All Day | Everyday! http://www.fxbootcamp.com
Duration : 0:10:33
[youtube W1i2yHoZ2Ww]
Very nice video. …
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wild. your the bomb …
wild. your the bomb man. sincere. honest. to the point. perfect
I have been trading …
I have been trading LIVE with wayne for about 6 months. The analysis is done in real time before the news event. We basically set a trap for price based upon the first 5 minute candle. We then trade a breakout of support or resistance.
It is true that …
It is true that sound was dropped at that time, but I did draw the resistance line 4 minutes before we broke through it. It was very clear we were setting up for a breakout trade. There was nothing special about this trade. Its something I coach all the time. But it certainly was not hindsight.
This is all …
This is all hindsight.Wayne gave no trade signals during the NFP release.Even a five year old kid can trade in hindsight.
great analysis.
great analysis.
conservative and …
conservative and repeatable……no sweat trading!! What more can you ask for. This isnt easy yet BOOTCAMP does this day in and day out!
Chrisb