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Marenno
Aug 7, 2015 4:42 AM

$EURUSD #Trading plan for NFP release 

Euro Fx/U.S. DollarFXCM

Description

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.
Comments
DimiAverilla
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
Marenno
Ok buddy :) take it as a present!!! :)
DimiAverilla
Haha thanks boss
johan.verm
Nice chart!
Marenno
Thank you very much!!!

Your likes and comments - keep me motivated!
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