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Today's Trade: Friday 06 September

Discussion in 'Jarratt Davis- Trading Signals' started by Jarratt Davis, Sep 6, 2013.

  1. Jarratt Davis

    Jarratt Davis Special Consultant to the FPA

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    All eyes are the on the US NFP figures being released later today. Traders are looking very closely at this for confirmation of the proposed tapering of QE by the Fed next month. We are looking for a positive number which should send the USD higher against the other majors, particularly the yen and the Swiss franc.


    - Jarratt Davis
    Fx trader, funds manager and Forex mentor
    www.JarattDavis.com

     
  2. ankityadav

    ankityadav Recruit

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    Fng is not working

    sir my fng is not hitting i dont the mistake i have tried lots of time but not get success can you please help me
     
  3. Red Herring

    Red Herring Corporal

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    USD is weak again...although liquidity is low due to the closing of the week...
     
  4. Jarratt Davis

    Jarratt Davis Special Consultant to the FPA

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    Hi Ankityadav,

    I'm not sure I understand what you mean .... What is 'FNG'?

    Thanks!

    J


    - Jarratt Davis
    Fx trader, funds manager and Forex mentor
    www.JarattDavis.com

     
  5. Jarratt Davis

    Jarratt Davis Special Consultant to the FPA

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    Hey Red Herring,

    Yep, the NFP came out worse than expected and also the employment market showed that there were far less people engaged in it. (So even though unemployment fell, it didn't actually mean there were more people in work, just less people bothering to look)

    This has now raised concerns about tapering (again!) and it looks like we might get a volatile week or two until the next meeting.

    J


    - Jarratt Davis
    Fx trader, funds manager and Forex mentor
    www.JarattDavis.com

     
  6. Red Herring

    Red Herring Corporal

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    Thanks for the explanation.

    Cheers
     

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