NFP Beat Destroys our Kiwi Longs

in #forex6 years ago

4DCE40DE-8358-4827-86D5-E9226316876B.jpeg




Hey guys,

Remember our Kiwi long? It’s something that I’d rather forget, but in this game, you can’t just ignore the losers:

Reveal spoiler

NZD/USD Hourly

252A498D-4A8B-4043-8335-F13036A494F8.png

The intraday chart then shows a previous area of short term resistance turned support for us to get an entry off. Clean and easy. Just the way I like it!

With Friday being NFP, it’s always risky holding through. But for those that did, the number was a big beat.

US non-farm payrolls for August 2018: 201k vs 191k expected

Then look at what happened to our trade:

NZD/USD Hourly

95DB5DFB-3C69-4869-A002-EE343433274B.png

Price was inside our zone, but the good number saw price respect it in the opposite direction.

They don’t always work out.

Peace ✌🏻.




@forexbrokr | Steemit Blog

Forex and Crypto Market Musings.

lion-header-blue.jpg

Twitter: @forexbrokr
Instagram: @forexbrokr

Sort:  

NZDUSD AND EURUSD BORKE MY HEART THIS WEEK AS MY GOOD ENTRY TRADES TOOK OUT ON THE STOP LOSS LINE AFTER 3 DAYS OF PROFIT BUT ALL THE SAME WE ARE STRONG AND WILL KEEP WATCHING THE MOVEMENT OF THE MARKET.BY NEXT WEEK ALL I WILL DO IS JUST FOLLOW THE HANDS OF THE MARKET CURRENTLY.
LOST SOME $200..ONE OF MY BAD TRADING DAYS...CHEERS ANYWAYS