Sharing with you a good example of how the "fake out" can bite us in the butt. Luckily with being burned so many times in this game, I've come to realize its just a game that needs to be played right.
Had placed two pending orders last night before NFP this morning.
Notice how price rallied overnight, almost triggering my buy order before crashing down hard after the NFP report.
Low risk trade worth learning from.
Had placed two pending orders last night before NFP this morning.
Notice how price rallied overnight, almost triggering my buy order before crashing down hard after the NFP report.
Low risk trade worth learning from.