Due to the release of the February non-farm payroll data, gold fell nearly $100. This month, we will soon face the baptism of another major non-farm payroll data, which is a great opportunity for gold traders. As long as we grasp the trend correctly, the profit from a single trade can be considerable. This data will be released on March 10th. As of the close...
Sharing here live NFP trade I've learned from Wayne Mcdonell of FX Bootcamp in trading Non-Farm Payroll.
A strong U.S equities market and risk-friendly trading environment have helped push and breakout USD/JPY above a descending trend line on the 1-hour time frame. The pair were consolidated for a while London entered but then somehow the global positive risk sentiment news concern to coronavirus saying "China finding an effective drug to treat people with new...
Non-farm payrolls report will be released later today. At the same time next week Fed will meet regarding their monetary policy. A weak NFP report may raise the chances of a Fed rate cut in March, but we don’t think it’s going to influence the Fed at its next meeting on December 11. Risk appetite is also wobbly, which means that a softer report could have a...
US Non-Farm Payrolls report will be the major focus today. Most of the economists are expecting US NFP to post reading in between 183-200K in November. In addition, they are forecasting the unemployment rate to remain between 3.5-3.6% for the month. Average hourly earnings growth is expected to pick up to 0.3% mom. Still, there are signs that the jobs report...
Perhaps, NFP tomorrow will take EU back up. Regardless, trade the breakout from 1hr. consolidation period (fast). Red box is just there to help define theoretical high/low period. It's your job to find the 1 hr. high/low period at the bottom. Trading Criteria: Regardless which way you want to trade, look for minimum five 4hr. candles in consolidation zones...
A small neutral triangle has formed on the upper trendline of a much larger wedge that can be seen here on the D1 Chart: If the smaller triangle breaks to the upside, the entire wedge might break with a large move in that direction. If the Upper trendline holds, look short to the bottom of the shape. Lastly stay mindful of Non-Farm Payroll data that will be...
WAITING FOR THIS SCENARIO THAT EXPIRES MAY 3TH, SHORT AND MASSIVE BEARISH PRESSURE. TODAY WE SAW A BIG PRESSURE TRYING TO GO DOWN, BUT NOT ENOUGH TO TAKE ADVANTAGE. DO NOT TRADE TILL SEE THESE 2 SCENARIOS. IN THE LONG TERM ANYWAY USDJPY BULLISH, THE KID IS TRYING TO COMEBACK ABOVE 114.000 GOOD LUCK!!
EURUSD: Tonights NFP. Buying at fresh demand level
August 8, 2016 This is an abstract from my one of my blogs: www.lucky-index-trading.blogspot.com Compare this chart with my previous publication and comments So, from my experience, this is how it worked (and obviously I am merely stating a little portion of the big picture, but so far this "luckily" was enough to help predicting some moves based on...
we have a minor and a major channel in daily. if we break the minor channel ( break the red line ) heading upwards, we can buy till we head to the top of the major channel and watch for price action there, we will either break the major channel confirming medium term buy or we test the end of the channel one more time heading down. or we break the minor...
GBPUSD:NON-FARM TRADING STRATEGY
SPX500: NON-FARM will be Positive Should break to 2128+
Maintain the triangle oscillation Non farm will help him to break through it??????
XAUUSD:NON-FARM TRADING STRATEGY
AUDUSD: Non-Farm Trading strategy