i have seen weird things happen in NFP though today is not in that category.... i am wondering to cut down on trades during this time
This was Manufacturing and Employment data. You can't skip a whole week; NFP friday will be another story...
It's mean I can't start it and leave it as I was thinking? Do you have any blog or site or any tutor who can guide about it? If you have any site or a blog where you are updating articles or videos about it then I can try to learn from these.
there is no point in reinventing the wheel....so i do not write what others are teaching sites there are plenty...babypips is one that comes to mind.....https://www.babypips.com/learn/forex.........it is a start....but it is good you did not start trading blind...most do that mistake...so you are one step ahead.... learn the basics.....and that is one step..... you can keep an eye on my journal.....but if you do not know the basics.....be prepared to learn for 4-5 years without any reward and after that be prepared to continue learning with some reward hopefully. enjoy.
eur usd have to find an entry ..assuming the up move to continue.......i am trying to describe how i go about it...this is a work in progress and it will always be so. i have drawn a number of trend lines..and each one tells us something. but what i am looking for is gradual flattening of the down trendlines.....bounces off trendlines may return to it......seeing whether moves follow through or not..... generally if the market touches a trend line ,it will touch it again....this is something that has to be kept in mind. but you have to be practical in using that in a trade. the two longest down trendlines are unlikely to be retouched. but the market broke out of a channel described by the two long up trend lines and that may be retouched- a breakout pullback:this is likely because of the strength of the breakout so i will be looking close at any touch of that trendlines forming a small channel
sometimes i wonder if trading can be so obvious....and that is often the time i do some unconventional trade. perhaps it must be obvious if not others will not see it though i sometimes believe and have seen that my trading moves the market:it usually moves in the opposite direction of my trade