8/10/2012 -$85.34 (CAD Employment Change)

Well here we go again. There was an early spike for this release, very similar to what we've seen with New Zealand and Australian news. Its obvious now that economic news is being leaked and average news traders like myself arent in on it so we get screwed. If everyone played by the rules there would be more than enough for all but the big players allways want more, greed is a hell of a thing. o well, hopefully im wrong and this was just a fluke, but I doubt it. I traded 1 full lot, lost 8 pips, down a little over $85. I'm confident that my next winner with 1 lot will make up this loss and the previous loss also. Just have to be patient. Until then take care all.<br /> <iframe allowfullscreen="allowfullscreen" frameborder="0" height="360" src="http://www.youtube.com/embed/P95N2F9hBDg?rel=0" width="480"></iframe>

8/10/2012 -$85.34 (CAD Employment Change)

Well here we go again. There was an early spike for this release, very similar to what we've seen with New Zealand and Australian news. Its obvious now that economic news is being leaked and average news traders like myself arent in on it so we get screwed. If everyone played by the rules there woul…

Read more »

8/3/2012 -$86.61 (U.S. Non Farm Payroll)

This should of been a wonderful trade, the news came out and the market spiked as expected. If things had happened as they should of I would of been filled long 1.1 contracts. I decided to test the EA vs the Auto Click today so I used 1 full lot for ea and .10 lots for auto click, this would show where each one was filled. The problem is my auto click provider had technical difficulties on his end due to a power outage and it reset his system so we were triggered short instead of long. As I watched my profit meter say 250 then 260 I then noticed that it was -250 not positive, I then had to hope the market would retrace and not spike up. In the end the market came down to within 6 pips of my entry price and I got out with a loss of $86. Could of been much much worse as shortly after I got out the market continued up another 40 pips. What could of been almost $300 in the bank ended up being a small loss. This is part of trading tho, there will allways be losses so hopefully the next trade will make up this loss.<br /> <br /> On another note my broker worked properly, my fill was only 8 pips from the open for the ea, which means if we had been triggered properly direction wise I would of made a good profit today. I've decided to deposit the other $3,400 that I withdrew from my other accounts into this broker, tho after this incident ill not use large lots until my confidence in my auto click provider strengthens.<br> <iframe allowfullscreen="allowfullscreen" frameborder="0" height="360" src="http://www.youtube.com/embed/AX1OvIINfko?rel=0" width="480"></iframe>

8/3/2012 -$86.61 (U.S. Non Farm Payroll)

This should of been a wonderful trade, the news came out and the market spiked as expected. If things had happened as they should of I would of been filled long 1.1 contracts. I decided to test the EA vs the Auto Click today so I used 1 full lot for ea and .10 lots for auto click, this would show wh…

Read more »

8/1/2012 +1.80 (GBP Manufacturing pmi)

I traded this with small lots as a test, previously we got triggered and this spiked in the wrong direction so I wanted to see how it would react and also how my broker would fill me. I got filled about 12 pips into the move which isnt that great but not terrible either. As you'll see the market stuttered around my fill area and I actually went in and out of profit twice so I decided to be safe and close out with 1 pip. not even 10 seconds after I closed my trade the market moves about 50 pips total over the next 10 minutes. Thats spike trading for ya, win some lose some. After broker fee's I didnt actually make anything but I was able to see that the market moved in the way it was expected to so next time ill be able to trade this with larger lots. (Go full screen and switch quality to 720p to see the video better)<iframe allowfullscreen="allowfullscreen" frameborder="0" height="360" src="http://www.youtube.com/embed/lsayQowngGE?rel=0" width="480"></iframe>

8/1/2012 +1.80 (GBP Manufacturing pmi)

I traded this with small lots as a test, previously we got triggered and this spiked in the wrong direction so I wanted to see how it would react and also how my broker would fill me. I got filled about 12 pips into the move which isnt that great but not terrible either. As you'll see the market stu…

Read more »