Thread: Non-Farm Payrolls Dominate FX Market Focus

It’s another non-farm payrolls Friday, and in typical fashion the FX markets are subdued with few participants willing to commit to big bets ahead of the risk event. Despite dropping to new 15-month lows in the Asian session, EURUSD has managed to recover its losses early in the European session, and is now loitering around the 1.2800 mark.   The December non-farm payrolls are due at 13:30... ...More...


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Hi all,

I would like to share an experience with you. I don’t know if anybody here has tried Forex trading, but two years ago I read an article about it and decided to jump in. I bought a huge pile of books about Forex and after six months trading on a demo account with a broker I deposited my first $1000. The results were catastrophic. I lost $898 in just one day, May 6th 2010, when I placed buy positions GBPJPY and GBPUSD. Obviously that day all markets went in a downward frenzy and if I hadn’t closed my buy positions on time, I would have lost everything.
I was angry as hell on the markets, but after a week of desperation, I deposited another $1000 with my broker. After months of ups and downs, I ended up a bit wealthier than before with $340 on top.
Then I found out that some professional traders offer Forex trade signals for a fee. Most of the websites I went through guarantee high returns on a variety of currency pairs if you pay them between $100 and $200 per month. Recently a friend of mine sent me this link: http://fxsignals24.com/
He said he knew the guys who made this website, as he was using their advice privately for a few years before. I trust him, so I bought a subscription for one month for $99. They already sent me two alerts for GBPUSD and GBP/JPY and I made my first $440 profit off them. A fantastic gain considering that I usually trade small.

If you’re trading Forex, I would definitely recommend you to test those guys’ service.

Hope my comment was helpful to everyone!