Looking to play the new wedge. Long and short. Will be flat for NFP
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NFP will be traded differently. When I have a trade like this the stop is too tight and it is a gamble in the sense the news release not matter what the results are will cause a whipsaw in price. I have no way of knowing which way the first impulse will be hence the stop may be hit first. aka too much of a gamble.
I do play news as it is a different strategy. News including NFP rarely changes the Major Trend in the big picture.