Another NFP day. As most of you know I wait at least a half hour(or not trade at all) on NFP days to enter any trades where currency moves strongly with the USD, which is primarily the EUR. The primary reason I wait is USD doesn't always react what you call normally,where good news is bullish and bad is bearish. So I wait for that to sort itself out and a least slow down a bit before I trade. So today on 6E good news for USD but initial reaction is up, then over next 15 min. a roller coaster back and forth but a slight down trend over all. Then we get 15 mins. of consolidation at that point I'm looking an entry on the clean close above/below the previous swing hi/lo. Which I get a break up a little after 7 in spite of what should be bullish USD news. After close of that trade then it's close to NYSE open and it looks like market will try to turn to bearish, I get 2 nice trips down and then go long on a bullish divergence and I'm finished for the day.
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