03 OCT 2025 NFP DAY
Disclaimer:
The content provided on this live stream is for educational and informational purposes only. It is not intended to be, and should not be considered as, financial or investment advice. Before making any investment decisions, you should seek advice from an independent financial advisor. Trading in the foreign exchange market involves a significant level of risk and may not be suitable for all investors.
Today story:
Today is October 3rd, and I want to share my first trade with you. Let me tell you upfront that I'm not giving you any trading signals, nor am I advising you to buy or sell anything. I'll simply share my analysis here.
Today, that shutdown happened, and today there's news about the NFP. I always watch the news on Forex Factory and plan my trades based on that. The two big news stories today are the NFP and the unemployment rate. In my experience, the NFP tends to move one sideways, so whenever prices reach the M5 level, I take a trade 5-10 minutes in advance, making my trade risk-free. I don't worry about getting caught in a spread. Let's get to the point.
I woke up early today so I was watching Asian market since the market opened. And after about 3 hours I saw peak in M5. Actually I was thinking of buying M5 at A+ but M1 candle did not give a good green close at M5 level so I did not take the trade instead of buying.
Then M5 got peak so 3 levels were formed (1) RBS (2) QML (3) DT. So price tapped on RBS and a good red candle was formed but I did not take the trade. I was afraid that I might get SL somewhere so I did not take the trade and the price went down by 40 pips. Then I regretted why I did not take the trade. I felt like trading was beyond my control, because that's what we retail traders do miss good trades.
And I am telling you about RBS QML DT, you might not be able to understand about it because I can understand that you do not know about it, so when the time comes we will talk about it, let us talk further about what happened to me today.
Then the price came back to RBS but it did not form a red candle, so there was no trade to take there, it is simple. Then gold tapped the QML level and formed a red candle, but the price immediately went up there, meaning it formed a green candle. Then I thought let's take liquidity and then trade, and gold did the same, it took liquidity and formed a good red candle. There I took the trade and placed a SL of 12 pips and a TP of 60 pips. I kept the TP till the SBR level of M1. I kept the TP low because I wanted to be in profit as much as the SL of NFP today. Then the price gave me the opportunity to be risk free, so I did so immediately, and the price hit a TP after 42 minutes. The price then fell by A100 pips, but I was happy that I got what I needed.
Mistake:
If the level was good, you should have tried with RBS. It is possible that the price may have fallen further from there. Therefore, trust your setup.
Good point:
Be happy even at low profit.
Thank you friends for listening to my talk today. Tomorrow is Saturday, so the market is not close tomorrow. I will talk about the analysis on Sunday. Take care. Y
ou must have a good day.
