EURUSD

Quoting surya2k

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5 things do on NFP day

1. Don't keep any open position by looking what analysts are predicting.
2. Do not do any trades when NFP news flashing on screen, as instant trend may change in next second.
3. Use stop loss 20 to 25 pips max. as if you enter in wrong direction, you may not lose much.
4. Don't put any limit (Profit limit) as the movement for any pair is very volatile compare to their avg. movement in daily basis.
5. Close your all open positions before friday market closes, that means don't carry any open positions for next week....

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Quoting surya2k

Disliked

5 things do on NFP day

1. Don't keep any open position by looking what analysts are predicting.
2. Do not do any trades when NFP news flashing on screen, as instant trend may change in next second.
3. Use stop loss 20 to 25 pips max. as if you enter in wrong direction, you may not lose much.
4. Don't put any limit (Profit limit) as the movement for any pair is very volatile compare to their avg. movement in daily basis.
5. Close your all open positions before friday market closes, that means don't carry any open positions for next...

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Quoting Driver55

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Hi all

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Quoting surya2k

Disliked

5 things do on NFP day

1. Don't keep any open position by looking what analysts are predicting.
2. Do not do any trades when NFP news flashing on screen, as instant trend may change in next second.
3. Use stop loss 20 to 25 pips max. as if you enter in wrong direction, you may not lose much.
4. Don't put any limit (Profit limit) as the movement for any pair is very volatile compare to their avg. movement in daily basis.
5. Close your all open positions before friday market closes, that means don't carry any open positions for next...

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Quoting T.E.Lawrence

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Nice. Thanks a lot.












......and what to do on non-NFP day?

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Quoting T.E.Lawrence

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The channel has been broken. There's also pullback to the broken trendline on 5m, so I've gone short @ 4292.

Attachment

I hope incoming news won't destroy my trade.

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Quoting T.E.Lawrence

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Nice. Thanks a lot.












......and what to do on non-NFP day?

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Quoting essenza

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working hard for a month after losses on NFP

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Quoting Rednose

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Buon Giorno Driver!

Come va?

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Quoting balance

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got a question for the most experienced traders , if the majority of traders will bet south , who's money they are going to win ??? becouse it should be a lot of money

in my opinion the majority is compoused from us small traders and the minority from the big guys , in this order anyone guesses the we are going the take out the big guys ?

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Quoting surya2k

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Follows 30 mins chart, look 15 mins the confirm with 5 mins that means if parabolic switched over in 5 mins, wait to see 2/3 dots established on same direction, and see RSI and stockastics follows the same trend, then go ahead with it and putting 20 to max. 30 pips depends on the currency pairs.

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Quoting Driver55

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Bene grazie... spero anche tu

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