Lost a bunch of pips today on the USD/JPY CPI trade. July 16th 2010. I think I screwed up taking the trade while the actual number was+ 0.2% and should have only taken the trade at +0.3%. I went long the pair. - Forex Questions and Answers - FXAnswer

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Lost a bunch of pips today on the USD/JPY CPI trade. July 16th 2010. I think I screwed up taking the trade while the actual number was+ 0.2% and should have only taken the trade at +0.3%. I went long the pair.

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- tomfi
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1 year ago

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USD/JPY

CPI

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0 Votes When it comes to news trading we should only take the trade when the figure meet our deviation otherwise we call a no trade.One other thing is to look at the sentiment before the news if it is already priced into market we can see a reversion. by Harold 1 year ago by Harold 1 year ago
0 Votes The art to be a discipline trader is difficult to master. Never trade to trade or force a trade when the setup is not idea or we have no edge to win from Mr. Market. Therefore, no trade. by Kingpin 1 year ago by Kingpin 1 year ago
0 Votes It was recommanded by Henry to long on +0.3% so NO trade. by Warren 1 year ago by Warren 1 year ago

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When it comes to news trading we should only take the trade when the figure meet our deviation otherwise we call a no trade.One other thing is to look at the sentiment before the news if it is already priced into market we can see a reversion.

Harold

1 year ago

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The art to be a discipline trader is difficult to master. Never trade to trade or force a trade when the setup is not idea or we have no edge to win from Mr. Market. Therefore, no trade.