Hello traders.
NFP will be out soon. I like to share with you this trade setup because the potantial of up side is huge:
I like to put an entry order above previous top. My goal here is being in the trade if it starts to go up with high momentum thanks to NFP. If you decide to put an entry order, it shouldn't tagged before news event, be careful. I'm risking 0.5% of my account for this trade.
NFP will be out soon. I like to share with you this trade setup because the potantial of up side is huge:
Trade active:
And it doesn't go anywhere. Probably it will make a correction and this correction will stopped me out. We see. That's why I took this trade with a smaller risk then usual.
Trade closed: stop reached:
That's why I hate trading news events.