If any of you have been following my calls, and if you had read my philosophy in placing trades, you know I don't put in a lot of trades. Price has to be in an ideal place whereby there is no question in my mind as to which direction it will go.
However, I have been experimenting with news trades, and I have to say, they've been working out pretty well. This morning, I was long the CAD before interest rate announcements. I also had an order sitting below the market in case there would be, as most of the time is, some stop hunting. Long story short (too late) I made approx 30 ticks...real fast. I got out too soon, but that's OK. I traded chump change just to keep it real. But all in all, it worked. I will continue to experiment with my BPI (brian's proprietary indicator) and keep you informed. Please subscribe to make it easier to keep up with my calls.
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