EURUSD 4H NFP Trade

Nov 3, 2017

Find a pair price is close to 50 sma. If news is weak dollar then price will rise through 50 sma to 100 sma.

Nov 3, 2017

Note

correction - my buy stop is at 1.1680

Nov 3, 2017

Note

2 options on SL for NFP
1 - If you are taking the trade at the time of the news with a buy/sell stop then use a trailing stop of 10 to 20 pips. (todays trade)
2 - If you are taking the trade after the time of news (15m, 30m 1H) you will see a new candle that will create a mini swing high/low close to price that you can put the SL behind.