5 Minute Read

Forex Trading: NB EUR/USD Unemployment

February 6, 2015

By | 6 Comments

Coach Matt records a live EUR/USD News Based Trade during the unemployment report.

Position: EUR/USD
Contract: 50,000
Total time in trade 7 min
Total PIP gain 55

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6 Replies to “Forex Trading: NB EUR/USD Unemployment”

  1. Avatar Denna Dean says:

    Thank you for this video Matt, I didn’t do this one. I did the GBP trade news trade and made $14.90 before getting stopped out.
    Total Investment: approx $300 in 1 mini lot
    Placed Stop for $50 max loss (thanks again Tim for showing me how to calculate that)
    Saw it up almost 9% at $24 so converted it to a trailing stop at that point with a 10 cent downside trail
    Got stopped out at $14.90
    Made a 5% ROI in 15 minutes!!
    Thanks everyone!!

    1. AWESOME!!! The more information we have as a trader, the more confidence we build. Keep up the good work Denna nad keep your stops set. Risk Control is the key.

    2. Avatar ken says:

      Nice guys! I did this news trade too but with the GBP/USD. Easy money that we have no reason not to take advantage of 🙂

  2. Avatar Solon Stephanou says:

    Beautiful trade. I made the same play but instead, entered the trade manually and grabbed 10 pip in just a minute and left. Now I know better to place a contingency order both ways and get better fills. Thanks again.

  3. Avatar Mack Grout says:

    Thanks for sharing that video Matt – great to see!

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