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Hello traders welcome back to a new trading day. Today is Friday and we have to watch for profit taking. As I looked at the charts the trades for today are good , however are small as far as pips go like 30 pips a trade. Enjoy your weekend break… OK before we go we have alot of trading to do today only one high impact news data in the US session. OK let us look at NUZUSD- This is the 30 Minute chart. I have to say today we just have a total look on this chart. This pair remains bearish. So I am seeing that we are in the sweet spot to enter this trade at the daily pivot as current price is below it and we are bearish on this pair. I would like to enter at 0.6322. I am looking for take profit at S1 pivot of price level 0.6283. This is a nice small trade for a Friday…..

Talk Soon……William

FX Instructor Forex Blog – For Traders, By Traders

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