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The_Cannalyst
Sep 2, 2016 8:42 AM

Todays NFP - how to trade it? 

U.S. Dollar/Canadian DollarFXCM

Description

Today is a decision-making day - we see the results of the youngest NFP! I am as always flat a few minutes before the News. After the NFP, we will see which direction the market will take.

Here i illustrate some key Levels in this TF for a possible trade preparation.
Good luck!

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kissed the 38,2

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can we exspect a countermove yet?

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Trying to catch a possible Rebound?

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dipped deep....
too deep for a reveral?

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enough is enough...nice one!

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trail it..yeahh

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trail it like that:

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A minor High! Attention! Is this the beginning of a top?

Trade closed: target reached

for those who did not see at the tp would latest be stopped out now
Cheers
Comments
TAJIR_B
u r so patient , great work
TAJIR_B
i am in too, looking for that big target


thinking about to close half position as my first target is reached ...

in the meanwhile sl trailed :)
The_Cannalyst
closing a part of the Position is exactly what i always do when i am near the tp...
phuahpatrick
hi just to check with you ,what will be the best SL candles trailling that we can use ?
The_Cannalyst
hi phuahpatrick..i don`t understand your question? How you adjust the sl is illustrated in the "Basics of 1-2-3 pattern" above.....
The_Cannalyst
the trailing or adjustment always depends on the Duration of your trade and the tf
phuahpatrick
say in H1?
dashmann
thanks MJ
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