NFP coming today - what do you expect the market will do ?

So I have finished my USD selling today. Was good. Took +90 pips profit home all in all on the USDCAD.
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I am also close to pass my Phase 1 on my 200k MFF prop firm account. So I even can earn more in the future. The goal to pass Phase 1 is +8% or $16k.
2023-07-07_190511.jpg


Actually doing 300k MFF on challenges so far. Will add another 300k soon next week. Also thinking of doing more at Bespokefundingprogram, but still researching if they are solid. Here one could get more 2 million in funding accounts. Then you can make easily 6 digits income every month. Let's see.

https://www.trustpilot.com/review/bespokefundingprogram.com?sort=recency
https://www.youtube.com/@bespokefundingprogram/videos

Could be happy with my hedge fund account solely, but I am looking to make more on payouts monthly. Not to stay at 5 digits income only, looking forward to 6-digits per month. :D
 
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Overnight said:
Everything was baked in. The meeting minutes held no surprises, and the weak number today totally negated the less-impactful ADP numbers from yesterday. You're seeing the effects of today's print manifesting now in the afternoon session. Up.

Earnings starts end of next week, should be an interesting pull-push between estimates and actual.
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All I want is volatility. As long as it produces volatility, it's good.
 
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Profit from profit taking
Profit from loss taking
Profit from good news
Profit from bad news
Profit Profit Profit

Have a nice Week End
 
Overnight said:
Yes it happened. What you're seeing now is profit taking to end the week, starkly starting at 1:30 PM ET. Nice smooth orderly down.
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Profit taking for those you were long.
Profit making for the ones who went short at that time.
 
TrAndy2022 said:
I am also close to pass my Phase 1 on my 200k MFF prop firm account. So I even can earn more in the future. The goal to pass Phase 1 is +8% or $16k.

Actually doing 300k MFF on challenges so far. Will add another 300k soon next week. Also thinking of doing more at Bespokefundingprogram, but still researching if they are solid. Here one could get more 2 million in funding accounts. Then you can make easily 6 digits income every month. Let's see.

Could be happy with my hedge fund account solely, but I am looking to make more on payouts monthly. Not to stay at 5 digits income only, looking forward to 6-digits per month. :D
More...

Nice catch!

However, I'm trying to wrap my head around why someone that's trading with a hedge fund and allegedly making great returns would want to waste their time with firms like these? Can't you scale your account and gain access to more capital at the hedge fund instead?

With MFF I assume you refer to My Forex Funds. I just learned that a friend of mine which I didn't know was trading is now funded with MFF and claims it's a legitimate firm. But scrolling their TrustPilot reviews there are quite a few reviews claiming that MFF didn't pay them and would make up some bogus reason for why not. Maybe it was for a good reason, but it certainly sets off every alarm bell on my end.

I also saw some guy on Twitter who had made a decent amount of money on his "funded account" and posted a screenshot of it on Twitter. The outcome? The firm simply closed his account and accused him of violating some kind of rule.
 
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