USD/CAD Non Farm Payrolls

FX:USDCAD   U.S. Dollar / Canadian Dollar
89 0 6
Well if my analysis is correct, i think we are trading in the 4th wave, it's pretty choppy isn't it :p. Anyways, let's come to the point. I expect it to go down, as the 5th wave should go south technically.

So technically she's a short, but the question== how much leverage do you use?

well i like the safe side 12% risk per trade, so i can use upto 200pips as SL,

Plan A (if you expect NFP number to be bad)
Sell @ market
SL @ 1.3300
TP @ 1.2900

Plan B (if your not sure about the actual and want to be on the safe side with 12% risk of trade)
Sell @ 1.3300
SL @ 1.3500
TP @ 1.3100

Good luck :)

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