vdubus
Short

AUDUSD Positive NFP / Good news = spike = Reversal ?

FX:AUDUSD   Australian Dollar/U.S. Dollar
117 3 4
Why I don't trade fundamentals It's all messed up :)
Stay long until support is broken
Comment: Good new NFP = Negative response I rest my case
snapshot
Yes, response to news can go any direction, whether the news is positive or negative.
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it's a sore subject for a few traders but I've learnt to ignore anything to do with fundamental trading. Technicals rule every time :)
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Yes, I had a lot of success in the past trading the news on oil. It works very well, until it doesn't and you lose your trade. Technicals indeed rule.
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