RichAnalysis Traders
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The purpose of this channel is to provide educational value and our perspective of market activity through bonus signals and trade ideas 📈
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Heads-up SpaceX IPO will be listed soon… very excited days are ahead for long term investment. If you invested $2000 when Tesla was first listed you’d be well over $700k today. Don’t play!
Normally Nasdaq does very well on a good NFP it’s taken a different turn this time mainly because of the strong dollar
U.S. Nonfarm Payrolls:
▫ +172K (forecast +85K)
▫ previous value: +179K
▫ previous revision from +115K to +179
NY session is usually the one that moves Nasdaq. But we are in profit. As you know Nasdaq is a good payer as well
If you are happy with profit you can take it. If your holding make sure to protect and wait for the breach to maximize
Many times as newbies or professionals or someone just wanting to go into forex trading the first thing that is being sorted out for is strategy which yes it is important to have a good strategy but tbvh any strategy can give you opportunities to make money in the market be it supply and demand, trendline, ICT as many would call it, Moving averages or even robots. All strategies work but they are subjective and Infact not the paramount thing in this side of business. The most paramount thing besides strategy and discipline in regards to your trading style is cutting losses short and early enough which is why if you notice on forex pairs our SL is max 15pips and on commodities or indices we use very tight and strategic SL in such a way that we do not want to be in the wrong side of the market for too long regardless of what we see or the strategy. Always cut your losses short and quick that’s the only way to stay long enough to be profitable. Hope this helps someone out there
Repost from N/a
Missed SL by a nano pip 😅
Most lethal SL ever. Let’s see what it does
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