ellcz
Short

EUR/USD 8.1.2016 idea

FX:EURUSD   Euro Fx/U.S. Dollar
174 0 4
Hi all, as few weeks ago when I posted my amazing NFP analysis on FB             , here I have new one. However personaly I don't like this one. This 1.09 - 1.0915 level is too close to actual price and we have news in cca 2 hours.

Level 1.0907 (middle of my level) is great place to sell IF price goes down a bit. Or we can see false breakout and this is something which will happen most likely. At least this is what I can say for now. :) Truth is I can't see any institutional levels right here. They didn't traded last NFP tho, which is amazing.

Will try to keep You updated!
Comment: I'll show you how to trade this:

If price go seconds before news "Down", you will buy.
If price go seconds before news "up", you will sell.

One little thing. You should wait until some forex calendar show you the number. If better you will do thing above. If not.. Well you got the idea.

And one more thing. You can use 10t chart and original RSI. :) Then trade RSI levels breakouts.
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