Non Farm Payroll Range Chop Gameplan (No Go For Me)

Jan 10

Looking over the past 15 Non-Farm Payrolls, this one is shaping up to be a stop hunt wicks on both sides.

I am not interested in getting chopped up and whipped back and forth. I will sit this one out.

To me, it is most likely looking the most like January 2024.





My whole point is, I don't know how far it will wick on both sides.

Jan 10

Note

The ONLY way I see trading this is to put a limit order to try and catch the wick bottom for the pump back to the high. To ME, this is gambling and a no go. I will wait until Next week for better opportunities.

Jan 10

Order cancelled

Price could have EASILY wicked higher to take out the highs before dumping. The fact that it didn't means price is on track to 40,000. 12% correction is confirmed.