Hello traders welcome to a new trading day. Traders today is the biggest trading data release day of the month. WOW we have some really good charts today and trade plans. I am very cautious as we have the US data release of NFP act… Let us see if we can get this and make some profit in London session before London lunch,
Plan Your Trade and Trade your Plan !
OK let us take a look at the trade plan for today on the EURUSD- This is the 30 minute chart.I have to say not sure what happened in the US session yesterday however I am still bias bearish. I am looking for the break of the trend line and a retest and we can sell this pair at the price of 1.0896. I want to take profit at the support zone as marked on the chart at the price of 1.0777. This can be a great trade with all the data today in the US session.
Thank you traders talk soon…William