By Steve W.
100% Measured Move Target Holds Post Nonfarm Payroll2013-03-082013-09-30https://1gwmg92knzm144jnudkuixvv-wpengine.netdna-ssl.com/wp-content/uploads/2017/03/ParaT50Blk.pngParaCurvehttps://1gwmg92knzm144jnudkuixvv-wpengine.netdna-ssl.com/wp-content/uploads/2013/03/100-percent-measured-move-nonfarm-payroll.png200px200px
EUR/USD hits the breaks at a 100% measured move following Nonfarm Payroll release. Sent in from a good reader via Twitter.
This concept is discussed in detail here.
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Since 2008, ParaCurve (formerly No Brainer Trades) has been a provider of a wide range of articles geared towards a common sense approach to trading using fundamental market analysis in conjunction with globally identifiable technical levels. Steve, ParaCurve's founder, is a 13 year trader, having formerly worked as a sell and buy side global macro analyst for several of the largest financial institutions in the world. You can follow us on Twitter or Facebook.