Day trading strategies on currency pair EURGBP 5-08-2016 by AzaForex forex broker, need some help to start forex trading here are some great tips

Completely essential advice for any foreign exchange trader.
Forex market is in hold position waiting for today's news on NFP US employment. Usually these news shake quotes of currency pairs  of all currencies and change rapidly prices for precious metals. Therefore, we prepare for the upcoming events in advance and set the pending orders. If the market crowd, consisting of traders dealing on their working terminals worldwide, will coincide with our technical outlook, than taking a small goal in 100 points it is possible to make profit. It is clear that such nervous movements of currencies in the Forex market are difficult to predict by technical analysis and are changing chaotically the direction of price movement. But if we prepare in advance and use pending orders, we can have our piece of cake with our trading strategy. Trading entirely manually, using market orders of the forex broker, you can almost 100% guaranteed get a slip with such news,  or withdraw unexpected profit from the deal, because the liquidity providers expand spreads during such news, and price boxes are overcrowded with pending orders of millions of traders. Quotes are changing thousands of times per second, and it can not be seen in the chart, because it simply does not have time to change graphically very fast, we should understand, that the enter into the market at the moment of news release with the ideal price for the trader is almost impossible.

The price is above a simple moving average 200 MA and 20 MA indicating bullish trend.
The MACD trend indicator is above zero level now, indicating bullish movement.

If the resistance level is broken you can use the following recommendation:
•    Chart timeframe: H4
•    The trade recommendation: Buy
•    The level of entry into long position: 0.8500
•    The level of profit and close the position: 0.8600 (100 pips)

Metal GOLD 
Possible bullish movement in the breakout of the resistance level 1367

Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.3100

Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 0.9755

Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 100.60