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Old 2010-09-02, 08:07 AM   #548 (permalink)
rsmereka
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Trading Live with:
Forex Hacked(Copier), Forex Strategy CAD1(manual)
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Quote:
Originally Posted by Dan View Post
Rick,

At 0745-0830 est in the morning a big news announcement is due so it may alter your results. Just a heads up. Thanks again.

Dan
Thanks Dan,

Nothing much I can do about news events.

Once of the consequences of trading a long-term trend catching system. Especially a swing system where I am always in the market. This is actually a good test of my stop loss placement. I would rather sort this out now on a demo account then be affected in a major way later on on a live account.

So far, Bob is doing ok but it's still early in the trade. It looks like I made a mistake when I broke the rules and entered the trade when the closing candle was not showing a semaphore. I am going to end up paying for that I think. The USDCAD pair is showing a buy semaphore right now and if that holds until this evening, I will have to exit and switch sides possibly at a loss. The USDCAD pair was one of those that was showing the semaphore the day before. I need to bang myself in the head and make sure I enforce that rule from now on.

BTW, tomorrow is NFP.

Rick
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