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Hello traders welcome to a new trading day as we look ahead to the big NFP data release in the US session. The charts look confused however I have to say they are mostly in the trend. Traders you do not have to trade NFP it is a risky trade if you trade the numbers unless you have experience in this. I do not trade on NFP Friday. If I am around I will watch the fireworks and enjoy hahah. Have a good weekend break Traders……

OK let us take a look at this trade plan for the NUZUSD- This is the 30 Minute chart. I see we are at resistance of the daily pivot. I have placed a trend line trade today as price action was very minimal yesterday. I am looking for a downside break and a retest of the trend line and we can sell this at the price of 0.6593. Traders you will have to figure your stop and take profit before you make entry into this trade…….

Traders enjoy your weekend break and we will talk soon…..William

FX Instructor Forex Blog – For Traders, By Traders

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