The Non farm payroll number came out slightly higher than expected at 211K and unemployment rate fell from 4.8% to 4.7%. Also, the February numbers revised down which caused a mixed reaction initially. We then saw the dollar surge after 10 am EST. This caused USDCHF to hit our entry and rise as high as +30 pips from our entry. If you held the position to the close of the trading day you would have been up 5 pips
Monday No trade
Tuesday No trade
Wednesday +44 pips
Thursday +5 pips
Total +49 pips
Well, we had a decent start to April with a total of +49 pips. Not great, but not bad either. For some of you who have been following my trades you can see a change in my trading style as far as profit targets, entries and exits. I continually tweak and try to improve this part of my trades, and I think this is the style I am going to stick with for now. So, from here on out you’ll see bigger profit targets and wider stops. Hopefully, it will work out alright. Thanks for checking out my page, hope you all have a great weekend!
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