Plan 1: If NFP data is good, dollar up, we want to sell any rally Pay attention to 0.7600 (broken structure) or the recent support ( 0.7560), Target 0.7480 Plan 2: if NFP data is bad, dollar weak, we want to buy the breakout+pull back to 0.7600 and aim for 0.7640
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Very Nice Fall, we short from 0.7600-0.7620 now we have good gain
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NOW IS 0.7560
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Now is 0.7509
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UnknownUnicorn372507
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Hey Jack do you have any idea about GBP? If yes please publish your idea
r3flex
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i thought the data was bad, so why are you still shorting? someone pls educate me on this
mythrir
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data is bad but we consider remaining cross pairs audusd mainly depending on commodities...so audusd is raising means usd is not negative...gold or oil etc is increasing....when trading au we consider all commodity pairs
tntsunrise
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The answer is simple:
I short this coz it can give me good profit.
A lot of times, the data will cheat thoese novice trader who only can refer the news.
r3flex
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thanks. I guess I'm one of the novice traders who is getting cheated then. Where can i learn more about reading the news? any site or book recommendations? Nice profits btw. life must be good :)
AzadAryan
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update?
UnknownUnicorn508650
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rejection there, we going down?
a.b
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Support of daily trend line around 0.752... I'd wait and search the short opportunity there