BUY FXO Forum Shares
1243
Shares in the BANK:
We BuyWe Sell
$1.943$2.0031
Results 1 to 3 of 3

Thread: Counter Spike Trading - Anyone try it like this?

  1. #1
    In Profit
    Join Date
    Jun 2007
    Posts
    113
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default Counter Spike Trading - Anyone try it like this?

    Anyone ever looked at this:

    When a news release comes out and there is a small deviation between the actual vs expected # or no deviation, and the market still moves, try taking the opposite position of the spike? Look at todays example, the CAD CPI Core. No deviation, yet the price still managed to go up 22 pips, but immediately came back down. Has anyone tested this looking back to see if there is an immediate retrace during small to no deviations?

  2. #2
    In Profit
    Join Date
    Jun 2007
    Posts
    113
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    </p>

  3. #3
    In Profit moneydeep's Avatar
    Join Date
    Jun 2007
    Posts
    120
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Quote Originally Posted by hialhiall View Post
    </p>
    I saw your image. Is trading like that called counter spike trading?
    How useful can this be when trading? Is looks like its for short term trading.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2016 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning:: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us