Support and Resistance Trading Forum

Friday (8/6) -- TR - Trade Of The Day *PIC*
By:Chartsky
Date: 8/6/2010, 7:57 am

Hi Everybody!

Wow! Trading after the non-Farm Payroll is always exciting (in a scary way) . . . kinda' like riding a super-duper roller coaster.

If you watch what price is telling you, really screaming after NFP, then it's not so bad.

I always increase my Protective Stop because of the increased volatility but my Profit Target is also increased.

There are some traders I have heard of who only trade on NFP Fridays.

Anyway, it was a fast Daily Profit Target and the end to a great week!

I hope you can join us soon.

Chartsky

ONLINE COMMODITIES TRADING