Tomi's friendly market journal

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Tomi
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petera
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I found that I had to log into skypers Den to find any further unread messages

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Tomi
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Tomi wrote:Whole London session was just market going to new highs and creating divergencies. Divergencies kept me out. Traded for fun NFP later with a small lot size.

Have a nice weekend fellows ~o)

2016-07-08_1739.png
hey tomi


may be you should read my NEWS strategy this was the perfect post news pullback scenario. But mostly market responds more on the currenciese to NFP as currencies are more "liquid" in nature. Indices are quite strong if you like to move around as they have a lot of solid businesses behind them. Just my thought. But that does not mean they are not volatile. They are. I've not found DAX always responding to NFP or FOMC but currencies are almost guaranteed to move on NFP. A great day to trade if you know what to do...

cheers

ps: Need I mention the benefits of knowing Steve?
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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