Sharing here live NFP trade I've learned from Wayne Mcdonell of FX Bootcamp in trading Non-Farm Payroll.
Looking for a break from the recent low (RED area) followed by a retest/role reversal of previous support turn resistance for a short entry.
Looking to short natural gas on a possible role reversal of previous support becoming resistance.
I've opened a long position in the Aussie dollar on possible bounce-off support.
After a very good NFP number, Swissy (USDCHF) rally up to previous support that is now holding up as resistance. This can be the next LH (lower high) that will resume its downtrend. Taking the short on Monday as the third entry on short Swissy. Cut loss if it breaches the previous lower high.
Shorting the beast (GBPJPY) around monthly M4 pivot (bulls sell zone). Target is next week's monthly center pivot (bulls buy zone).
Took a long entry on USDCAD around next week's monthly center pivot with a profit target at next week's monthly M4 pivot.
Short on NZDUSD on next week's monthly center pivot and weekly M3 with a profit target on weekly S2 or monthly M1.
Took the short on AUDUSD around next week's monthly center pivot, with profit target on next week's monthly M1 pivot.
A possible short is setting up around weekly pivot M3 and 50% Fibonacci retracement. Target is 150 pips at weekly pivot M1.
It's also the Monthly M3 or Weekly M3 Pivot Short Entry.
1-2-3 continuing pattern on fib and weekly pivot M2 entry.
1-2-3 pattern on fib and weekly pivot M2 entry.
Took the Long entry on GU after the Stop Run and confirming candle before London open.