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COMMENTARY:

Hello traders welcome tom a Friday end of our trading week and a full day ahead. All the data released today is in the NY session. Traders I have changed the time frames of the charts to 30 Minutes, I feel we can get more entry with this and not have as much junk as a 15 min chart. Traders Enjoy Your weekend break. OK Let us take a look at the trade plan for today on the NUZUSD- This is the 30 minute chart. Traders this pair is still bearish on the daily chart. Today we are looking for price to give us a pullback as you can see I have placed a Fibonacci tool on the chart and looking for the 50% at price 0.6554 and look for a bearish candle formation for your short trade. I am looking to take profit at previous support at price 0.6510. Traders have a nice break and talk with you soon…William

FX Instructor Forex Blog – For Traders, By Traders

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