Last night I put on a short USD/JPY trade. Most traders wouldn't put on a trade hours before Non-Farm Payroll. However, the market is going to go where it's going to go. Obviously right now I am still holding onto that trade and ANYTHING could happen. However, I know that my methods put the expectancy in my favor. So why wouldn't I trade before NFP?
Entry: 102.49
Stop: 102.68
R: 19 pips
Target: 101.45
Risk to Reward: 5R
Friday, April 4, 2008
Do Non-Farm Payrolls Scare You?
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2 comments:
Delete that security center comment, its a spam scam.
Also, Nice to see you posting on the blog again.
Thanks HPT. Hope the market is treating you well.
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