TH KOG REPORT - NFP

6 сент.THE KOG REPORT – NFP

This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.

Quick NFP report today as we’re most likely not going to be trading the event due to already having completed our targets for the week. We have plotted the key levels together with the immediate red boxes on the chart. We have key level support below at the 2500-2495 region and the bias as bullish above with potential price targets of 2530/2535 and on the break up into the 2550-55 region which is where we may stall and get a RIP.

Breaking below the 2500 region will entail patience as we would like to see how long we go before a setup presents itself. It’s going to be a risky NFP and extreme levels are important, forget about immediate SnR, this is irrelevant in this scenario.

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As always, trade safe.

KOG

6 сент.

Комментарий

End of day update from us here at KOG:

We managed to get the move into that higher level completing our Excalibur target only to get a huge TAP AND BOUNCE giving the move back downside into the level we wanted to go long from. This move is in progress, but we would suggest you take what you can or protect your trades before market close.

That's all from us for this week, wishing you a great weekend ahead.

KOG

9 сент.

Комментарий

tradingview.com/chart/zTxfgFP9/

Level worked well continuing on from NFP