Hello traders welcome to NFP Friday. Well the charts are going to give us a challenge today. We have little time to enter the trade as after London lunch we will see a slow down as we get close to the release of NFP. This is a good day to place your scalp hat on and just get your 15-20 pips and get out. Traders enjoy your weekend break…..William
OK now let us take a look at EURJPY- This is another 30 Minute chart. Well today we are looking for a pullback to the resistance zone as shown on the chart at price of 134.18 and enter short. This is a low risk trade. I am looking to take profit at the support zone as shown on the chart at price of 133.46. We will get a bounce at the daily pivot so just plan for that.
Talk soon traders …….William
