Tuesday, August 14, 2007

News trading

First I had some experiments on 5sec chart for -4 pips.





Gbp news came out and it was way below expectations and bearish for gbp. When the spread narrowed I shorted gbb/jpy because at that time it had 4pips spread just like gbp/usd and its faster. In behind is gbp/usd chart.

I just grabbed something without trying to maximize opportunity. +19 (+16 regular size).



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