15 pips within 3 minutes

Today is the NFP day. Once again, you can see crazy moves within a short period of time.


GBP/USD - Short @ 1.9776, Closed @ 1.9761 (15 pips within 3 minutes)

145 pips from GBP/USD swing trades!

As mentioned last week, I got a couple of GBP/USD swing trades (since Jan-24 and Jan-25). I played these swing trades rather aggressive (and quite of the averaging mentality) and thus, I didn't place any stop losses.

But earlier, the NFP announcement brought the currency pair down more than 200 pips after 8.30am EST!



GBP/USD - Short @ 1.9775, Closed @ 1.9670 (5 pips in 8 days)
GBP/USD - Short @ 1.9777, Closed @ 1.9677 (No pips in 8 days)
GBP/USD - Short @ 1.9715, Closed @ 1.9683 (+32 pips in 8 days)
GBP/USD - Short @ 1.9777, Closed @ 1.9682 (+95 pips in 7 days)
GBP/USD - Short @ 1.9695, Closed @ 1.9683 (+12 pips in 8 days)
GBP/USD - Short @ 1.9683, Closed @ 1.9682 (+1 pips in 8 days)

Total Net Pips Gained: 145 pips (all standard lots x 5 each) - US$7K++

NFP 50 pips

It has been a long time since I long traded on NFP announcement. Probably it's because I missed this particular Friday every month or I simply forgot about it...

Anyway, December NFP Data Comes in Much Lower Than Expected. Nonfarm payroll employment in December came in very weak, rising only an incremental 18,000 following revised increases of 115,000 in November and 159,000 in October.

By the way, here's the trade:


GBP/USD - Short @ 1.9808, Close @ 1.9758 (50 pips)

Typically I will hold it for 4 hours, but I exited early to sleep!