Hi Scorpion,
I trade the GPUSD on NFP , just my preference.
Surely it is dangerous to take a position based on your forecast without prior groundwork, what is the trend direction especially in the 4 hour, 1 hour, 15 min time frames ?
What are the nearest support & resistance areas that the price has to break to take on the position Long or Short ?
( these levels should be mentioned in your forecast ).
On the 1 hour chart these were 1.9722 for Long & 1.9690 for short , price ranged in this zone until the news.
Straddle trade works best but of course you have to allow for spikes in your stops calculation. You may lose on the one trade but hopefully the other direction produces enough pips to see you in profit.
Never the less some good contributions on this site.
Does anybody use VT from cms ?
regards, Shabir