Published on

EURUSD - Post NFP Trade Execution - 06-10-23

Authors
  • avatar
    Name
    Tradeaze
    Twitter

NFP - Account Killer

I started out the day with the plan to just watch price and paper trade to see if I have any degree of accuracy and to try and preserve my account as best as possible. I exercised good control in staying away from trying to predict a rally or price drop wit the NFP release. Interestingly, it dropped straight away from an FVG I had marked out.

NFP Execution

Nonetheless, I anticipated the false move and for price to then start moving in the other direction. When price eventually did start moving in the real direction. I observed my entry pattern, but because it was after NFP, I considered the probabilities to be a lot lower than usual. I placed a fraction of my capital on the trade and secured 30 pips.

NFP Overview

Onto next week now!