By leaving the trades open: some months you will win; others you will lose.qvintus » Wed Oct 28, 2015 4:41 pm wrote:Watch out for FOMC high impact news in about one hour.
I just closed the open trades for a 140 pips loss on my live account. Better than gambling and holding the trades open.
Given the effect that FOMC is creating these days, better safe than very, very, very sorry so well done.
I always intend to warn members about NFP and FOMC in my wrup but never remember until it is too late.
Markets often reverse in the final week of the month, so I knock off after the 23rd. I learned this from another member of shf - do step forward said member for a round of applause. Having read this and viewed the W1 charts I saw the effect. It never occurred to me before that this effect could be because of the disaster potentially posed by FOMC.
Sadly, there are people here far, far too stupid to read either your or any of the posts I write. These are the people I cite in my post 1 Serious Warning who are going to lose all their money but are far to dim to actually read my warning.
Hey ho. Bugger all I can do for them.
