Good morning guys,
Today has been marked as a day where the GDP will be very volatile, so please be careful for quick moves where the stop losses will be triggered and market direction will not make sense. Here are my ideas for the trades today:
1. Buy now at market price and take profit on or before 140.843
2. The market should be returning to 139.950 after it reached 140.843 or just below.
3. If new candle open above 140.843 on the hourly chart, I will add another buy and monitor the trade manually take profit 30 pips everytime
4. if point 2 is executed successfully, i will wait for ne candle to open below 139.950 and target 139.217
when the above points is reached i will update the idea.
Remember the above information is not advice and only my views on the market as a technical trader.
Please be safe
Today has been marked as a day where the GDP will be very volatile, so please be careful for quick moves where the stop losses will be triggered and market direction will not make sense. Here are my ideas for the trades today:
1. Buy now at market price and take profit on or before 140.843
2. The market should be returning to 139.950 after it reached 140.843 or just below.
3. If new candle open above 140.843 on the hourly chart, I will add another buy and monitor the trade manually take profit 30 pips everytime
4. if point 2 is executed successfully, i will wait for ne candle to open below 139.950 and target 139.217
when the above points is reached i will update the idea.
Remember the above information is not advice and only my views on the market as a technical trader.
Please be safe
Comment:
What an interesting evening, The planned targets was not achieved as per point 1. i have redone my planning for the rest of the day and new transactions. It will be displayed in the new Idea