Eurjpy sell limit @128.856

Sl : 129.156

Tp1 : 128.456
Tp2 : 127.656

Risk management plan📊

Account balance - The lot size📈📉

100$ - 0.01
200$ - 0.02
300$ - 0.03
400$ - 0.04
500$ - 0.05
600$ - 0.06
700$ - 0.07
800$ - 0.08
900$ - 0.09
1000$ - 0.10

This is a risk management process that need to be followed, our stoploss are calculated based on this plan. We have to accept our losses to become successful traders📉

Remember we trade for the month, Manage your risk accordingly📊📈📉

Sell NZDUSD @ 0.70220
Tp1@ 0.70020
Tp2@ 0.69720
Sl@ 0.70720

USDJPY SELL@ CURRENT PRICE
TP1@ 111.020
TP2@ 110.530
TP3@ 110.200
SWIMG TRADE

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🎖NonFarm Payrolls🎖Explained

Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.

A higher than expected reading should be taken as positive/ bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

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One of the basic tenets of technical analysis is that momentum precedes price. However, prices never move in a smooth line, and momentum will often be out of sync with the price.

In technical analysis, when there is a mismatch between momentum and the actual price, it’s referred to as a divergence. Traders can exploit these price discrepancies for profit.

Divergences are concepts that allow investors to spot trend reversal signals in bullish and bearish markets.

This trading guide takes an in-depth look at what divergence is, the different types of divergences, and how to trade divergence in the most efficient way.

Sell EURJPY@ 132.495
Tp1@ 131.825
Tp2@ 131.210
Tp3@ 130.903

Levels of support and resistance can indicate potential upward or downward market trends and could therefore indicate to traders when is a good time to open or close a position. This means that Fibonacci retracements can be highly rewarding for traders who know when to use them properly.

Sell EURO/USD
Tp1@ 1.16370
Tp2@ 1.16260
Tp3@ 1.16090

EURUSD analysis

Our trade is running in profits... You can share your results on WhatsApp for testimony
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