NFP DAY!!!
Since my last post, price has literally just moved sideways.
Currently there is very little volume in anticipation of NFP @ 8:30AM EST
I don't currently see an entry but I am looking for price to pull back into the 33200-33400 range and exhibit signs of exhaustion/reversal.
At that point I will consider and entry but it looks like that is atleast a couple hours away.
Also have to take into account that it is Friday and I don't particularly like holding trades over the weekend so I may just sit out today and come back fresh next week unless I see a really good opportunity: 1:3 RRR and SL outside of structure.
Let's see what happens today.
Watch out for news and Happy Friday!
Since my last post, price has literally just moved sideways.
Currently there is very little volume in anticipation of NFP @ 8:30AM EST
I don't currently see an entry but I am looking for price to pull back into the 33200-33400 range and exhibit signs of exhaustion/reversal.
At that point I will consider and entry but it looks like that is atleast a couple hours away.
Also have to take into account that it is Friday and I don't particularly like holding trades over the weekend so I may just sit out today and come back fresh next week unless I see a really good opportunity: 1:3 RRR and SL outside of structure.
Let's see what happens today.
Watch out for news and Happy Friday!