Dear traders,
There we go. Another crazy NFP day.
As you can see from my markup, I'm expecting a short from the 4H OB where the price is currently at.
Also, the price is respecting the trend line.
One thing to note: That long bearish wick, which has been initiated by yesterday's news, penetrated the TL and came back to close bullish.
The same thing can happen with NFP. Expect unexpected. Crazy moves are about to happen.
Therefore, take your time to analyze everything and most importantly manage your risk properly. NEVER OVERLEVERAGE.
DISCIPLINE
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
There we go. Another crazy NFP day.
As you can see from my markup, I'm expecting a short from the 4H OB where the price is currently at.
Also, the price is respecting the trend line.
One thing to note: That long bearish wick, which has been initiated by yesterday's news, penetrated the TL and came back to close bullish.
The same thing can happen with NFP. Expect unexpected. Crazy moves are about to happen.
Therefore, take your time to analyze everything and most importantly manage your risk properly. NEVER OVERLEVERAGE.
DISCIPLINE
- Strive for patience, perseverance, determination, & rational action.
- Limit your losses, use stops.
- Never cancel a stop loss order after you have placed it!
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
