Usually the first week after each NFP report is quite important for the overall direction in the FX market as the trends that start during this week will dictate the direction for the entire month unless there are other major forces at work that can disturb the trend. So, in this regard is not wise to ignore this one aspect of the FX market.

My account balance has started to recover after a draw-down of 70%, right now my balance stands somewhere around $67k. Main objective for this coming week will be to still trade conservatively until I hit BE. It's a long month and I have plenty of time to do good during this month despite my dramatic DD.

Best Regards,
Daytrader21
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