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4th September

  • Author: admin
  • Date: September - 4 - 2008

Hello All

I’m sure you have all seen the instability in the markets in the run up to the US Non Farm Payrolls news on Friday. Normally I just take NFP day off and give no signal, but the way the market is moving at the moment, I can’t give a safe signal. So, Today and tomorrow there will be no signal and I will not be trading personally until the craziness of Non Farm Payrolls is past us on Monday.

Have a great weekend!

4th September

9 Responses to 4th September

  1. axel says:

    Hallo! can you show me the results of the last three month. thanks

  2. lokesh says:

    Jafar,
    you give to trades both long and short of one pair, tell me what to do both or to choose between them?

  3. Jafar says:

    Axel, you can work it out for yourself, I don’t get the time to collate everything in a table. If you look back in some of the other comments a few people have calculated it themselves.

    Lokesh. These are Breakout signals. We are waiting for the market to take off in whatever direction it chooses so we set both buy and sell to catch that.

  4. lokesh says:

    that means we set up limit orders for both of them?

  5. Jafar says:

    Buy Stop and Sell Stop if using Metatrader 4.

    By the way, today we already have +68 pips in profits and I’ve closed my pending orders because I don’t think the market will hit them now. The breakout has happened.

  6. lokesh says:

    Jafar
    I am quiet new to forex, so it means that i set to breakout signals in limit stop-loss order and close them after the day.
    Please also let me know which strategy you use for these predictions?

  7. Jafar says:

    Lokesh,

    The pending orders you set are BUY STOP, and SELL STOP.
    SL is the suggested Stop Loss and TP is the suggested target for the trade.
    You may also find setting the suggested trailing stop by right clicking the order and choosing “trailing stop” to be useful. You should close them at the end of the day, or before if the market took off in the other direction meaning the remain orders are a long way from entry.

    The strategies I use are given to all clients who open a standard trading account with RebateFX in a Strategy Pack.

  8. lokesh says:

    ok thanks i will surely try out the platform at rebate fx……..and are there any other signals provided by you on chargable basis?

  9. Jafar says:

    No Lokesh, I don’t charge for signals.

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