News Spike trading 40 pips in 10 seconds
Although the times are more difficult for newsspiketrader, its still possible to make some good money. Last friday, trading CAD empolyment numbers and US NFP managed to grab in total 40 pips in a matter of 10 seconds, although NFP is for sure not my favorite newstrading release.
CAD trigger of 15 k, long trigger hit: trading USD/CAD 30 pips profit
US NFP trigger of 50 k, short trigger hit: trading AUD/JPY 10 pip profit
As u may see in the charts, it was possible to manage a lot more pips, if u held the trade for a longer time, but i am still not convinced of the recent price action trading news. So better 40 safe pips for me than taking the risk of winning 100, or lose all again.
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