12 Responses to “NFP data release - expected moves before and after the event”

1. on 03 Oct 2008 at 12:32 pm1mike

   so what now?

2. on 03 Oct 2008 at 12:52 pm2hamda

   thank you doctor. it was one of the most accurate opposite forecasts. again i did exactly the opposite to your comments. at 11_00 i took longs on euro and gbp and at 11_30 i did short it was very profitable

3. on 03 Oct 2008 at 1:02 pm3hamda

   your idea of big players is bullshit. it cant work because there are a lot of billionaires each one of them is taking another position at different time.
   there is no possibility for few big players that move the market because the forex market is much to big. over 3000 billions a day flows in this market every day. also if you take waren buffet and bill gates together with all of their money they cant move the market of forex more than few seconds.
   but im saying something stronger. if you know to trade like the big players how come you wrong so many times? the big players cant loose so much money isnt that?
   there are no sessions and special hours to trade. all the time there are traders around the globus that trade

4. on 03 Oct 2008 at 1:20 pm4Dr. S. Sivaraman

   Dear Mike
   The dip came slightly delayed.the rise is expected.The players are just inducing the long holders to liquidate the positions for week end and then they are expected to firm up for US session.
   Regards
   Dr.Sivaraman

5. on 03 Oct 2008 at 1:23 pm5mike

   WHat effect do you think the bail out package will have on the markets, if any effect at all?

6. on 03 Oct 2008 at 1:26 pm6mike

   Also too, I would like to know how the pair USD/CHF effects
   other pairs such as USD/JPY and GBP, EUR, if at all.

7. on 03 Oct 2008 at 1:29 pm7Roy

   Hi Doc

   Do you still believe that your algorithm can accurately forecast the fx market day to day? It seems to me that it is wrong at least half the time. I don’t say this out of any emotional feelings - I have been using my own trading strategies. But it seems very clear to me that the algorithm doesn’t work most of the time, so it is of no use.

   Regards
   Roy

8. on 03 Oct 2008 at 1:29 pm8mrT

   Right on. The players have been inducing this for the past 2 months now. It’s all false. One big contrarian move after an other.

   These are not the droids you are looking for.

   Hamda… where it don’t grow, no amount of fertilizer will do.

9. on 03 Oct 2008 at 2:04 pm9hamda

   mrT your last comment was strange and not understandable can you explain it?. i hope that you trade better than you write.

10. on 03 Oct 2008 at 2:48 pm10Dr. S. Sivaraman

    Dear Mike
    Now you can see the market reaction.
    Regards
    Dr.Sivaraman

11. on 03 Oct 2008 at 3:17 pm11mike

    Thanks Doc,

    My nails are shorter though…..

    I am hoping bailout will reinfore the rise.

12. on 03 Oct 2008 at 5:12 pm12mrT

    hamda:
    Let me translate.
    The first part of the post was sarcastic. It was ment as a pun on the fact, that our doc calls every 200 pip drop a false contrarian move for 2 months in a row.
    The droid sentence is a very well known sentence from the movie star wars. It’s supposed to conceal the obvious by using alleged jedi powers over weak mind.
    The last sentence was ment as a complement to you and it means that it’s not worth saying anything to the effect of doc.’s strange predictions, as he seems oblivious to his errors.
    Was this better?
    As per trading. I made 4% on my NAV today. I admit it was sheer luck, but there you go…

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