Quote Originally Posted by ;
quote Hello Sting, Thanks for the USDCAD chart. In this circumstance do you wait to buy until the price crosses above major wave-iii ? (hope I'm not asking you too much !)
Mav,

I'm already in a lot of buys on usdcad. I will check in the next 2 hours as to where that pair is going (only before nfp) and will take actions accordingly. May shut some which have been in profit and take some reductions. But will keep a couple with tight stop losses to proceed with NFP. Anything can happen with this news and it's far better to safeguard your equity which you have build up thus far. There will be a burst of pips down or up then following the news you'll get a direction as to who wins buyers or sellers. That's the time to enter. I hope a burst and then a good move to the upside. Smart money (devils) will attempt to take the retail stop losses . Good luck with your trades now.