Based on this strategy I present to you a signal for today EURUSD Action: SELL TP - 1.1162 SL: 1.1212 Trade is active now. you can join
Since fundamentals are discussed here....all asset correlations today, and possibly for today only , say risk is on and to short the US dollar vs euro and others. Just saying what the market is saying.
Henry what I understand is that Candle sticks are itself the best Indicators to find what market is trying to do each day reason being any Indicators we find on the MT4 They all Follow Candles and then find the signals for us thus it becomes quite lagging just. Rely on your Candle sticks study .
You may follow my trade if you can USDCAD Action: BUY TP:1.3302 SL:1.3182 You can still enter the trade now
Some trader might still no trade on today, they waiting news nfp that will released tomorrow on friday, but I don't know some trader stay away from nfp news because after news has been released often making rapid movement and random
personally what i think is trading NFP could be very dangerous as during this time there are lot of rumors coming in that can totally destroy your trading plans and strategies be watchful bro
Might some trader they stay away from the market because thinking NFP news is dangerous, but not always, like as last friday, after news has been released hence only making short volatile and then move like as usual
I think that traders avoid this news because its high impact news and could moves the market price in a large movement just in few hours too. So that day NEP news was release that day forex market was very good volatility.
Yes, some trader also trying catch opportunity after news has been released, often I am hear certain trader use trap strategy with put pending order buy stop and sell stop before news been released
Pending orders are good option while one is trading with news time, it can make good earn but you need proper enter and exit point for it.