I know FXEngines for the first time from you. And I'm glad to know. This was my first trade with it and unfortunately it was a losing trade, but fortunately it was only virtual trade. :laugh:

My opinion, of the two released news, one is above expectation and the other is below expectation. That way, it is difficult to predict which force will drive the market. Perhaps market participants were also confused, making the price swing up and down wildly for the minutes the news were released.

As I mentioned earlier, this is just my opinion. At least, it made me stay away from real 'manual' news trade that day.

I had some trouble with FX Engines news trades too - I kept getting caught by wild whipsaws in the price right around the news event, which on more than one occasion ended up triggering trades in both directions and taking out both my short AND long stop-losses. I recommended this new feature recently on my own blog (forexforays.com) but my initial excitement has faded a bit. Good luck if you continue to trade the news - and overall I think you'll find FX Engines a robust platform to work with. Great blog, by the way, thanks for mentioning mine recently!

No problem Riverman.... I have not had the issue yet with FXEngines of getting caught on both sides. Were you using a tight expiration on the trades? Either way, I tend to agree with you that the excitement has faded a bit with this platform but I feel the potential is there. I really have only had success so far trading today's news release, the Initial Claims....