NFP Strategy Unveiled: Join me Live on Tradingview

📊🔍 NFP Strategy Unveiled: Smart Trades with FX Professor! 💡🔄

Dive into the heart of the forex market with me, your FX Professor, as we anticipate today's Non-Farm Payroll (NFP) and average hourly earnings release. Here's my simple, yet strategic approach to trading EUR/USD amidst this pivotal economic data release.

Decoding the NFP:
A robust NFP with lower average hourly earnings could signal the perfect storm for rate cuts by the Feds. This scenario might just be the golden ticket for a bullish EUR/USD run, as it aligns with a potentially dovish shift in U.S. monetary policy.

EUR/USD Outlook:
With EUR/USD hovering at 1.088, I've got my eyes set on a support channel around 1.07465. Should the pair dip in response to the NFP, I'm ready to bolster my long positions, embracing the lower prices as a springboard for potential gains.

Trading Plan:
I plan to split my strategy – going long with two positions, and hedging with a short. Specifically, I'm thinking two lots long, then another two, making it four lots long against two lots short. If the market dips, the short position will offset some losses, and I'll seize the opportunity to increase my longs, capturing profits as I buy the dip.

Live Trading Session:
Join me in an hour for a thrilling live trading session. We'll be riding the waves of volatility together, with real-time analysis and strategic maneuvers designed to turn market movements into opportunities.

📈🎢 Be there as we navigate the twists and turns of today's NFP release – with the FX Professor at the helm, it's sure to be an educational and potentially profitable journey!

Link: www.tradingview.com/streams/OSnj7zHHhR/ (Join me Live!!)

One Love,
The FXPROFESSOR 💙

ps. i gave it some thought, to maybe select another pair (NZD or AUD for example) since EUR is suffering from more persistent inflation, being more vulnerable to Ukraine and Red sea problems and with the farmers complaining (we love them and we stand with them) but eventually EURUSD is going to be for me for 2 reasons:
- i don't see rate cuts anytime soon
- the price at 1.08 is still a bargain