Today's NFP trade ended with a 6.9 pip loss. However, the SL was reduced from 20 pips of risk to 6.9 pips. After the initial kick, volatility declined for a slow grind into the conclusion.
Senior Market Specialist
Russell Shor joined FXCM in October 2017 as a Senior Market Specialist. He is a certified FMVA® and has an Honours Degree in Economics from the University of South Africa. Russell is a full member of the Society of Technical Analysts in the United Kingdom. With over 20 years of financial markets experience, his analysis is of a high standard and quality.