@fxtech.... I trade fundamentals too but just to protect myself from market abrupt movements otherwise I like to stick to the technicals. I find that the technicals always hold out well in the long term which is my style.
What are you trading this week sir?

The euro will be at parity with the dollar before the end of 2010,the dollar will strenthen against all majors.The Uk policy makers preffer a weaker Pound to stimulate their export trade which they reckon will drive them out of the massive deficit of £770b.

@ morey
Oh and I trade with FXDD... plenty of reasons for that.

[quote=The Merchant]@fxtech...I would not encourage you to trade during NFPs as the market rarely acts rationally nowadays during major news events. Better to jump on the resulting trend on monday and make a few puips rather than burn your equity. Also, if you must trade try AUD,NZD,CAD paired against the lower yielding JPY.[/quo

All what you need is a Trailing Stop Loss,if you are on right side,you can bag in a whole week profit in a sec.

@ morey... the only reason I discourage trading during news times is because I try to ride a trend rather than be there when it is been set. If you always find yourself on the right side of news kudos to you my friend.
We do use similar technical tools but I must say that my favourite tool are fibs. They are almost always spot on. I think they are this way because so many traders use them and they become a self fulfilling prophesy.
What is your time frame morey?