Singapore Forex Trading – Tflow predicts direction of movement before High Impact News
Posted on | August 12, 2009 | 2 Comments
- Tflow predicts EURUSD before high impact news
Do you trade news on forex trading?
Well, I don’t really like to, but if there is a low risk trade, especially when River and Tflow aligned properly, I would do so.
This is one of the trades I did last Friday before the high impact news (Non Farm Employment change and Unemployment rate).
Tflow students would be able to recognise that price is staging nicely before the news for a SHORT. Well, I actually waited for the price action after announcement of news. Even as I waited, Tflow shouted all over for a short. The spike up was contained by River.
Most important, target was reached 4 hours later with a profit of USD 1090. A good national day present.
We will be sharing on how to trade Tflow during the Free Forex Educational Preview. Of course, during the limited hours of the preview session, we could only cover the framework and structure. But at least for traders who are not too successful with their current strategy, you might want to join to find out more about the Tflow methods- about Elliott Wave and Fibonacci and reconciling multiple timeframe. Most important, Tflow is about predicting the next move – where price will go.
Cheers
Binni Ong
www.terraseeds.com
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