Unemployment Claims; Low risk win?
Entry: 111.009
SL: 110.491
TP: 113.579
257 Pips.
First day back in a while, want to just get a quick chart done; I believe the 8:30am EST unemployment claims will be very low, kids are going back to school and jobs started filling positions; This will be a trade to take after the news tomorrow. We're waiting for the volatility to push it to the 111 support level and we will buy there and try to hold until 113.
I'll set my alarm for when it hits the 111 level.
Let's see how it goes. Jamerson.
SL: 110.491
TP: 113.579
257 Pips.
First day back in a while, want to just get a quick chart done; I believe the 8:30am EST unemployment claims will be very low, kids are going back to school and jobs started filling positions; This will be a trade to take after the news tomorrow. We're waiting for the volatility to push it to the 111 support level and we will buy there and try to hold until 113.
I'll set my alarm for when it hits the 111 level.
Let's see how it goes. Jamerson.
Note
Update: I was wrong about the jobs data, but this still works out because the pair still has time to drive lower before catching support at 111
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.