Chart for forex trading nfp


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Once it 8767 s confirmed, everybody sees it, you’re too late to the party. Again 5 waves is the average. So I’ll be getting out at wave 5, combined with that cycle higher high, again momentum coming down, great exit. And so look at this, this is what’s so great about trend reversal trade, is they are the single best risk to reward ratio trade there is. So my risk is that bar. My reward is you know something like that. So huge reward at tiny risk. And of course that’s what we are always looking for.

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Daily Chart Forex Trading Strategy for Non Day Traders

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Okay, so then we look at the momentum shift. Now the momentum indicator is down at the bottom. And that is just a regular momentum indicator. Let’s see, I think we are going to be able to do that. Yeah, I am going to have to take those arrows off okay. So let’s bring up our horizontal line again. So as we are looking at these 8 lows.

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