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Non Farm Payroll/NFP/ Non Farm Employment Change Forex trading news was expected to be -125K whereas the previous number was -190K and it was predicted if NFP > -225K USD JPY will go short 40-60 pips in 1st 15-30 minutes & if < -25K it will go long 40-60 pips in 1st 15-30 minutes. It came out to be -11k. It was a great trigger so it gathered 120 pips in just 30 minutes and the trend continued for the next 6 ½ hrs and went long for a huge +226 pips in total. Overall it was a great profitable month.
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2 comments:
Since no one can really control the forex trading, just focus on the strategy wherein you can meet your long-term goals. Be careful of trading signals on how they are generated. Try to comprehend and understand the forex news without merely relying on media's opinion.
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