Trading plan for NFP
Updated
NFP is the biggest news every month and always makes a big chaos in markets.
trading NFP is a very risky deal but with taking very small positions it could be exciting.
EURUSD is in a box and you can put buy stop and sell stop positions to engage you in the hurricane coming after NFP.
I suggest buy stop at 1.14000 with SL at 1.13500 and TP at 1.15500
and sell stop at 1.13500 with SL at 1.14000 and TP at 1.12000
remember it is extremely risky. Have fun.
trading NFP is a very risky deal but with taking very small positions it could be exciting.
EURUSD is in a box and you can put buy stop and sell stop positions to engage you in the hurricane coming after NFP.
I suggest buy stop at 1.14000 with SL at 1.13500 and TP at 1.15500
and sell stop at 1.13500 with SL at 1.14000 and TP at 1.12000
remember it is extremely risky. Have fun.
Trade active
NFP was week and it is bad news for US economy. regularly it makes dollar weeker and EURUSD stronger. Buy stop is activated and i hope we reach the TP target.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.