Sterling Dollar primary swing Short 3/9

186
Tomorrow - NFP will be released. The ADP recorded yesterday a dismal 374K.
If the NFP records a dismal # tomorrow too, there will possibly be a strong spike in sterling against the dollar.
I will take this as a sell opportunity, to sell a rally in the Elliot structure shown on the chart.

I will sell 1/3 size @ 1.3840
1/3 size @ 1.3890
& final 1/3 size @ 1.3960
Stop on all at 1.4050. Ave ~1.3895. Target 1.3500.
I would keep risk < 3% on a 10k account, & <10% on a 3k account. Trade size can be calculated & distributed been the levels accordingly.

Profitable Trading
Summerset

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.