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Re: live2trade post# 39110

Thursday, 10/01/2009 3:24:34 PM

Thursday, October 01, 2009 3:24:34 PM

Post# of 140146
Hey live2trade, how are you? smile

I'm probably the worst one to ask that question...LOL!

I'm really not clear on the correlation on the jobs numbers, etc, as it applies to the currency pairs. All of the trading I do is strictly chart based. That way I can keep most of the noise about the news, etc, tuned out and focus on the technicals. I do watch the Forex news calendar but I do it mostly so I know when to stay out of my trades. I almost never have a trade open when news is going to hit unless I'm really secure in the position I'm holding.

Simplegreen is really good at playing the news. He seems to have a feel for how things are going to go before it hits. I think he uses it mostly for scalping though.

I would ask him to see how he handles those news feeds, especially when it comes to employment numbers.

Wish I could offer more info. smile


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