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Forex Signal (Fri, May 007, 8:30 am EST) US NonFarm Employment

Discussion in 'Current Forex Trading Signals' started by Crazy Cat, May 6, 2010.

  1. Crazy Cat

    Crazy Cat Former FPA Special Consultant

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    Hi there :)

    This is Crazy Cat with a potentially profitable trading opportunity...

    Friday, May 007 (8:30 am New York Time) USA

    We have US NonFarm Employment Change coming out. It is expected to read 175. Last month it read 162.

    I recommend trading USD/JPY for this report.

    Please read what this indicator means and how it affects the USD/JPY by going to this link: http://www.forexpeacearmy.com/forex...ptions/7400-us-nonfarm-employment-change.html

    The trigger for this indicator is 60. This means that if US NonFarm Employment Change comes out at +235 or better, USD/JPY will probably go up by 50 pips or more in the first 45 minutes of the report. If it comes out at 115 or less, USD/JPY will probably go down by 50 pips or more in the first 45 minutes of the report.

    We will also have US Unemployment Rate and Revision coming out. A deviation of 0.2 on unemployment rate is considered significant but chances are good it will not conflict. Revision is also important and a significant conflict with revision number may mute the move greatly.

    Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.

    To read the after-spike retracement strategy for this report click here: http://www.forexpeacearmy.com/forex...-change-after-spike-retracement-strategy.html

    For example: on January 08th, US NonFarm Employment Change came out at -85, versus an expectation of 0, and USD/JPY went down by around 100 pips. See for yourself what happened by seeing this chart: Forex news trading currency exchange charts

    I highly recommend you study the entire history and charts of this report by following this link:
    Forex News Trading | Details and History for USD Nonfarm Employment Change

    I hope you make some money on this report.
    -Crazy Cat
     
    #1 Crazy Cat, May 6, 2010
    Lasted edited by : Sep 8, 2016
  2. Humphrey Croiset

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    hot hot hot ---no ?!?

    hot hot hot ---no ?!? :D
     
  3. kijkij

    kijkij Recruit

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    UJ down, why?

    Actual is greater than Forecast by 92 but UJ went down, why?:mad:
     
  4. Fanatica

    Fanatica Private, 1st Class

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    kijkij - Dont ya just love fx trading
     
  5. Graememc

    Graememc Recruit

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    Its ok. It will come back up again.
     
  6. kijkij

    kijkij Recruit

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    I followed first time to these signal and it ate my today's hard earned Pips and you say its OK.

    Next time I will think 1000 time to come to this site....!:unhappy:
     
  7. Graememc

    Graememc Recruit

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    Buy now and make some pips on the retracement.
     
  8. Brick

    Brick Private

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    Revised at 230
     
  9. Humphrey Croiset

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    yeah Im done with this CRAP also !!!!!!!!!!!!!!!!!!!!!!!!!!!!:mad:
     
  10. awalker

    awalker Recruit

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    Guys, for the sake of my forex education (and my sanity) could someone explain what happened today and why ? And is this a rare occurrence or should we take Felix's predictions with a pinch of salt ? I would love to trade this sort of thing regularly but if these news events are statistically very hit and miss I'll give them up. Anybody with experience of these signals pls can you comment.
     

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