6.4.2017

AUD/USD 0.7562 short

Some of you guys told me that they quit this position before US Unemployment Claims news. As I wrote some time earlier on my Forex Factory thread – I don’t usually hold intraday trades during “red” macro news EXCEPT Unemployment Claims. The reason is that if you go back in history you will see that there is usually almost no market reaction to this news. For that reason I kept my trade open even during this news and after more than 3 hours ended up in +10 pips profit.

I really don’t know why most internet news sites still mark it as significant news.

This was my only trade today.

Leave a Comment

Your email address will not be published. Required fields are marked *