Thread: Trading the NFP
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  #11  
Old 04-11-2010, 17:53
ortan ortan is offline
Level 1 Lasers Member
 
Join Date: Oct 2010
Posts: 11
Default Trading the NFP

You guys should be aware that most brokers shift to manual execution during news volatility.

It is pretty obvious that such important news as NFP create a lot of havoc in the market with prices spiking, retracing, re-spiking and so forth...

there is no broker that could possibly guarantee fills under news.

Looking at the 5min chart, you probably must have tried to close your position around 8.38am, 8 minutes after NFP release.

THIS IS PRETTY WEIRD. there is no way the market is still that volatile 8 minutes after news release.

call them up and ask them what went wrong and why did that happen.


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