Marenno

$EURUSD #Trading plan for NFP release

FX:EURUSD   Euro Fx/U.S. Dollar
516 5 11
Today's NFP is something, what most trader's are paying more attention then usual.

It's a very good Idea to have a plan to follow during the news release and after.

I do not recommend to gamble, and to use buy stop and sell stop orders, as mistakes, whipsaws and a guaranteed horrible mood over the weekend is possible.

Please consider it as a rule N1:

DON'T be afraid of loosing trade. Be afraid of loosing your account!!!

I plan to act on a 15 min chart, and will start to watch the situation after 1st 15 min candle/bar is closed.

The situation can be changed a lot, but having a plan, as I've mentioned before is a "must"

Please browse through the chart for more details.
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http://marenno.com/index.php/how-to-use-volume-and-open-interest-option-levels/

Counting:
http://marenno.com/index.php/counting-option-levels/

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johan.verm
a year ago
Nice chart!
Reply
Marenno PRO johan.verm
a year ago
Thank you very much!!!

Your likes and comments - keep me motivated!
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DimiAverilla
a year ago
I like that chart mate looks great. And I like your saying as well "DON'T be afraid of loosing trade. Be afraid of loosing your account!!!" I'm stealing that one! :P
Reply
Marenno PRO DimiAverilla
a year ago
Ok buddy :) take it as a present!!! :)
+1 Reply
DimiAverilla Marenno
a year ago
Haha thanks boss
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