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Hello traders welcome to NFP Friday, so we will expect a very low volatility until NY session and the data released there is no other data today. The trade plans look good I am not sure our pullbacks will work so please watch for that if you need to enter early.OK so let us look at today’s currency pair NUZUSD- This is the 30 minute chart. Traders this pair is bearish on the daily chart. Today we look and we are at the daily pivot as we are waiting for a close below this and a retest and I would like to enter the sell trade at price 0.6371. We do have some issues for this trade to go short as marked on the chart such as the 200 ema and S1 pivot. I am looking to take profit at the support zone as marked on the chart at price level 0.6329. This is a very nice trade if we can get price action to work for us.
Have a great weekend and see you next Asia session…..William

FX Instructor Forex Blog – For Traders, By Traders

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