Getting ready for trades done today and riding some nice wave once we are ITM . friday NFP is tomorrow instead of previous , so do take note of this huge movement . never fight a position unless you are ITM or unless you are prepare for a big swing that you are able to handle the kinda risk . dont be too much of a risk taker if you are just starting out to trade , manage you portfolio well .
Now lets take a look ( top down apporach ) weekly looks like going for a upclose if not .. a small downclose . so on wednesday we saw some rejection on daily and post as a certain mid term support for the week . when hrly can hold , we can see some near upside direction when the day THURSDAY stay as upclose to ride half of your profit for NFP . remember this method must be use and measured when you are already ITM so that you are not risking capital (only risk is your profit that you had yet to cash out ) .
The NFP data might create some gap during that period of time . do trade with care or stay out of any trade . Question : info@mmtta.com
