This morning I started to chat with all of the Forex Strategy Coure’s students about the USD. I explained an easy strategy, how to trade this afternoon. First of all, I have to show some comment under the USD chart on Investing.com.
Most of the traders on Investing.com said that the USD will go lower, only some of us said that the NFP will be positive and the USD will go up. As you can see I wrote that I’m waiting for a strong USD, above 89.00.
Shrimp is a big USD lover 😀 This time we were on the same side.
And finally. this happened after the positive numbers arrived. The USD index went above 89.00.
The Nonfarm Payrolls always an important number and as you can see, the forecast was 180k, what is 14k higher than earlier. This’d be a good number, but the published number is 20k higher than the expected. This is real big difference, and this is why the raise in the USD index and in the USD pairs was that fast and big.
Some words about how we traded today before the news. I’ll not show the whole strategy, because the members paid hundreds of dollars to learn working and profitable strategies. We used pending orders to trade. We placed Sell Stop to AUDUSD and Buy Stop to USDCAD. We placed these trades 1-2 minutes before the publishing of the NFP numbers 200 points higher/lower than the actual and waited for the news. The TP placed to 30-50 pips, with 250 points Trailing Stop. ALL TRADES REACHED TP. All students earned 7-10% profit with this 2 trades only, and another 3-5% in the EU session with scalping with GBP, and EUR pairs…
If you want to earn money with forex trading, join the EXPRESS SIGNALS, or register to the FOREX STRATEGY COURSE, or check the new project, what is created for BitCoin owners…