{"id":217465,"date":"2021-04-05T11:14:08","date_gmt":"2021-04-05T10:14:08","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=217465"},"modified":"2021-04-05T15:23:15","modified_gmt":"2021-04-05T14:23:15","slug":"analysis-dont-be-silly-watch-wait","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/analysis-dont-be-silly-watch-wait\/","title":{"rendered":"Analysis: Don&#8217;t be Silly- &#8220;Watch &#038; Wait&#8221;"},"content":{"rendered":"<p>Hi guys, as you saw on Friday the NFP was MUCH better than expected and yet the $USA hardly moved.<\/p>\n<p>It could be partly due to the fact analysts are aware that all the money printing is only going to be a short term benefit BUT its probably due to thin markets because of the Easter holidays.<\/p>\n<p>As many of the big trading firms and markets are closed tomorrow it&#8217;s most likely that price will go nowhere and therefore save yourself a wasted day and wait until Tuesday is my best advice.<\/p>\n<p>Professional traders know to walk away when the probability is against them. So, do you want to be a winning pro or amateur?<\/p>\n<p>For those of you who are determined to trade anyway check out the short video. I have a few potential setups:<\/p>\n<p>The <em><strong>Euro\/Yen<\/strong><\/em> is the best of the Yens, the <strong>Cad<\/strong> which worked again last week, the <strong>Gbp\/Nzd<\/strong> which had a major break out, and the <strong>Chf<\/strong> are a few that stand out. The <strong>Aud<\/strong> I will wait until Tuesday morning&#8217;s rate announcement, but I want to get back into the short.<\/p>\n<p>Just occasionally thin days lead to some crazy moves but 9 times out of 10 it is like watching paint dry!<\/p>\n<p>I will update you in detail on Tuesday in the live training session where I will also share my trade plan ( I am waiting until London opens and Pierre will post his Earth &amp; Sky analysis Tuesday morning too).<\/p>\n<p>Then we can have a more detailed, up to the minute look at what\u2019s happening and potential trades for the rest of the week.<\/p>\n<p>Check out the short video for the few pairs that I am interested. If not see you Tuesday \ud83d\ude42<\/p>\n<p>&nbsp;<\/p>\n<p><iframe src=\"https:\/\/player.vimeo.com\/video\/532868127\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi guys, as you saw on Friday the NFP was MUCH better than expected and yet the $USA hardly moved. It could be partly due to the fact analysts are aware that all the money printing is only going to be a short term benefit BUT its probably due to thin markets because of the [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":217468,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-217465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-analysis"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/217465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=217465"}],"version-history":[{"count":0,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/217465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/217468"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=217465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=217465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=217465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}