Friday, March 5, 2010

2010-03-05 plan for NFP trade.

1: trade half sized.
2: wait until Oanda get spread to 1 or 0.9.
3: follow the 5 minute and 1 minute trend.
4: buy pullback and short pop.

Good luck.

Result1: I traded too early, when spread is 1.5. my limit order is hard to fill and market order got filled at terrible price.. until 6:05, it was 0.9 pip spread, that's 35 minutes after the news...


end the day with flat.... +2 pips.. what if... :)

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