Today is the "D" day in the forex market as we all know what a NFP day can do especially in the fx market. Although market expectation see a rebound in the number of jobs created during the month of October I don't see much scope for a lot of dollar strength. Don't get me wrong I do see some dollar strength if the NFP report is good but what I'm trying to say is that the dollar strength can be limited.

Taking in consideration that I'm down 40% of my initial account balance I think I'll stay out of today's action. I have plenty of time to make smarter decisions and ultimately to recover my account.There is no need to risk my account balance at this very risky event so I think I'll be better positioned if I wait for next week.

Wish you all a great weekend.

Best Regards,
Daytrader21
Traduire en Anglais Montrez l'original