{"id":219622,"date":"2024-08-01T12:56:43","date_gmt":"2024-08-01T11:56:43","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=219622"},"modified":"2024-08-01T12:56:55","modified_gmt":"2024-08-01T11:56:55","slug":"managing-winners-news-nfp-trade-set-ups","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/managing-winners-news-nfp-trade-set-ups\/","title":{"rendered":"Managing winners, news &#038; NFP trade set ups"},"content":{"rendered":"<h1>Managing winners, news &amp; NFP trade set ups<\/h1>\n<p>I made a short video giving you an update on my current trades and how I&#8217;m looking to trade the news this week.<\/p>\n<p>In the video, I show how I got into the GBPUSD around 1.28100 as planned. It is currently around 50 pips in profit. It hasn&#8217;t moved much this morning, so I have taken half the profit, made it risk-free, and left the trade to run.<\/p>\n<p>I also caught the EURUSD, it is currently only around 10 odd pips in profit. Ashley got a very good entry a little lower, check it out in the forum. I have moved the stop slightly higher, risking very little in case it takes me out. If it consolidates today, I might close it.<\/p>\n<p>I have also shown you other pairs that I&#8217;m interested in for the week ahead, such as the USDJPY around 152, where the 200-day MA is. It is more than the daily range away, so where is it probably going to stop?<\/p>\n<p>Remember NFP on Friday which we never trade. As it is literally taking a stick to a gun fight. DON&#8217;T DO IT!<\/p>\n<p>Same Idea for NZDUSD it is currently 175 pips away from the A grade short so I will leave that in for FOMC as the daily range is around 40 odd pips.<\/p>\n<p>As you can see, I&#8217;m only interested in pairs that are at least twice the daily range away from the area of interest to short or long. I&#8217;m looking at where the price is probably going to stop for multiple reasons.<\/p>\n<p><a href=\"https:\/\/www.forexmentorpro.com\/blog\/free-forex-training-course\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"size-full wp-image-4732 aligncenter\" src=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4.jpg\" alt=\"\" width=\"650\" height=\"60\" title=\"\" srcset=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4.jpg 650w, https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4-300x28.jpg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/a><\/p>\n<p>You can watch the short clip below:<\/p>\n<p>&nbsp;<\/p>\n<p><iframe src=\"https:\/\/player.vimeo.com\/video\/991976214?dnt=1&amp;app_id=122963\" width=\"1080\" height=\"608\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p>Kind regards,<\/p>\n<p>Marc<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Managing winners, news &#038; NFP trade set ups. Check out the set ups for NFP this week.<\/p>\n","protected":false},"author":35,"featured_media":218348,"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":"Managing winners,news & NFP trade set ups","rank_math_description":"","rank_math_title":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-219622","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\/219622","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=219622"}],"version-history":[{"count":1,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/219622\/revisions"}],"predecessor-version":[{"id":219623,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/219622\/revisions\/219623"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/218348"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=219622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=219622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=219622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}