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Binary Options Trading for July 5, 2013: 2/4 ITM | BinaryOptions.net

SystemSystem Posts: 164 admin
edited July 2013 in General
imageBinary Options Trading for July 5, 2013: 2/4 ITM | BinaryOptions.net


I took four trades on the EUR/USD on Friday, winning two. It was also a non-farm payrolls (NFP) day, which provides a general statistical outlook on the state of the U.S. labor market. But as I stated in my NFP post from last month, I don’t actually trade the release of the news. The bulk of the market action occurs within the ensuing seconds following the release of the report.

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Comments

  • mifunemifune Posts: 160 ✭✭
    That's definitely very true, John. Fully mastering the mental side of trading is essential before you can expect to consistently make profits.
  • mifunemifune Posts: 160 ✭✭
    To clarify, this thread was automatically generated from the above reply I made to this comment on the article in question:

    "Great strategy on EOR/USD, but i can tell you also that before you can use any strategy you have to understand yourself first, how is your mind work, without it you will continue the up and down profit/loss, feeling pressure/calm."
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