Dislikedinfact!
i didn't see it was december at first time i watch!!
but the reason is the same, even if it wasn't nfp, because of when a large movement in one minute or 2 appears, i'll stay away.
i'm here to make $$, not to demonstarte something to the market!
as i said before the system is not important:
try to attach a 20 ema channel to a H1 TF and trade with 5 pips TP using price action...Ignored
i do not get this system at all. are you serious ? is it a joke , are you joking !!??
this is a very dangerous approach.
you are aiming for 2.5 pips profit. what if your 2.5 pips doesnt come about, market reverses and loses you say -10 or -30 pips. do you still wait for your trade to come to profit of 2.5 pips, whilst holding onto a ,losing position ? at what point do you decide to close the trade, if your 100 sl is not hit, and you are also not in profit ?
it only takes just 1 or 2 trades to go against you in the week, then you are back to zero. and it doesnt have to hit your 100 pip sl.
example: monday win 5 pip
tuesday win 5 pip
wednesday win 5 pip
thursday win 5 pip
friday - enter trade. price reverses before reaching tp of 2.5 pips. you hold on, hoping it will eventually reach your tp of 2.5. pips . at the end of the day you decide to close it for a loss of -30 pips. you now are down -10 pips in that week. havent made any 'bucks' at all.
you now have to make sure you do not have a single loss the following week just to come out on top, which given the r:r cannot be guaranteed. and god forbid if your sl of 100 pips is hit - you are in big trouble.
your approach is fundamentally flawed and i suggest you get your mental rationality in place. because it will have a negative impact on newbies and all who follow this approach.
the better way to trade would be to have a tight stop and ride on your winnings. good way to make money in forex. trust me, as they say in hollywood.