I decided to test the u.s. retail sales to see if i could take a couple points. When this is released by itself it can push the zb 20 or more points but when released with other news it will only go for half that. I used a tight take profit just to test and it worked well. This is one of the safer trades i've come across. (Go full screen and switch quality to 720p to see the video better)
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Just wanted to drop you another note, to say I really appreciate the effort that you put into thoroughly test and share what you are doing. Have you had any overall thoughts on whether this is something you are going to really pursue? To me it seems that with a few small tweaks you would have been doing really well just on these initial few trades. I noticed you have pretty much abandoned the news gun stuff, was that not reliable enough? Have you not taken any trades since the 12th?
ReplyDeleteHey, thanks for the kind words. I do plan on doing this more seriously in the near future. Right now im simply testing each release to see which are most reliable and how best to trade them before I add more funds to the account. Yes I have abandoned forex news gun at this point, I learned that they lost one of their quicker news feeds so certain reports are now much slower. Auto click is still a viable way to make money, I'm just testing other options now. Your correct I have taken no trades since the 12th. I don't trade Sunday reports and I researched the other couple that have come out so far this week and I didn't like the way they moved so I skipped them. My calendar is currently set to private but Ill change that so you can see which releases I'm planning on trading each week. It should be active by tomorrow.
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