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  • ADP: Private Sector Employment Increased by 158,000 Jobs in October

    From marketwire.com

    Private sector employment increased by 158,000 jobs from September to October, according to the October ADP National Employment Report®, which is produced by Automatic Data Processing, Inc. (ADP®), a leading provider of human capital management solutions, in collaboration with Moody's Analytics. The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis. October 2012 Report Highlights Click here to view the ADP National Employment Report Infograph Total U.S. Nonfarm Private Employment: 158,000 By Company Size Small ... (full story)

now waiting for usd jobless claim....
My view sell silver below 32.35 for tgt 32.15-31.50
sure waiting then move will be cleared
this bad or good news for usd??????
Not sure how the market act, but news is good for US
but no move yet
Quoting andriyog
this bad or good news for usd??????
all good for usd
good for usd but market position is the same
gold will tnt
Why is Eur/Usd moving up then??
wait till next release then may b sure anything
i have sell gold from 1725 and i closed it at 1722 before USD jobless claims, and now i sell gold again.
gold sell at 1726.30 tp 1710,gold will be down in the next hourly candle
Quoting anilamil
i have sell gold from 1725 and i closed it at 1722 before USD jobless claims, and now i sell gold again.
lol not make this guy. I see it can up but this is i'm think.
good news for USD
Tanvir
since data is quiet heavy heated.. but mkt didnt move as per data resuslt.
Gold didn't move....
good luck
Quoting anilamil
i have sell gold from 1725 and i closed it at 1722 before USD jobless claims, and now i sell gold again.
Don't know what happen, but market is very slow...so that i think if gold can dow, it not goes too much, just around 1716-1720
now wait for the CB & ISM.. hopefully some clear will come.
guys trade oil ... it will cross 87
gold is in a state of caos LOL
Quoting 25cent
Don't know what happen, but market is very slow...so that i think if gold can dow, it not goes too much, just around 1716-1720
i am sell gold and taking profit at 1719
What the heck was that spike upwards on Eur/Usd?
Quoting anilamil
i am sell gold and taking profit at 1719
good luck bro, hope you can get profit
gold will stay in range of 1722,1728 until the next USD release after that boom,market is waiting for next USD data
yes but what will happen if one comes green and other red... lol... mkt will still stagnant.. and dats all of the game for today..


Quoting safdarhashmi
gold will stay in range of 1722,1728 until the next USD release after that boom,market is waiting for next USD data
No expected move in spite of two positive news!!!
bull trap, maybe?
i don't think here is the bull trap, i think it is the bear trap for gold and silver, be careful all trader, let look us index break out dow
Guys, Wait till tomorrow evening
gold can be fall down to 1715 if new release will be positive
Quoting mas tidar
Guys, Wait till tomorrow evening
ka ka ka, same idea with you
why? reason

Quoting mas tidar
Guys, Wait till tomorrow evening
Quoting safdarhashmi
why? reason
that is non-farm pay roll Bro
Quoting 25cent
i don't think here is the bull trap, i think it is the bear trap for gold and silver, be careful all trader, let look us index break out dow
totally agreed ... dollar has lost its support and its time for gold and oil to fly
yes i know that bro, i thought maybe this guy have some reason,almost 24 hours left for non farm pay roll release during this make some money.
Quoting 25cent
that is non-farm pay roll Bro
technicaly USD will DOWN Fundamentally Will Rise, SO Are U Technical or fundamental Trader choos?
i hope if gold will break 1730 then next target can be 1745 if breakes 1715 then 1709,1700
Quoting safdarhashmi
yes i know that bro, i thought maybe this guy have some reason,almost 24 hours left for non farm pay roll release during this make some money.
may be he has ideas to take money, ask him share with evryone here...ka ka
Quoting Ijaz Anwar
i hope if gold will break 1730 then next target can be 1745 if breakes 1715 then 1709,1700
i dont know how to post pictures in here, if i can, all people here can share there chart, that is better
Read the data closely and you will see these are bogus numbers. ADP even acknowledges they have changed the way they compute these numbers so obviously they will not relate to previous computations. Whereas the state of the economy is showing a decline as reflected by the Manufacturing PMI, Productivity results and cost of labor. If it very interesting these changes came shortly before the election. I urge you not to trust the employment numbers as they are likely misleading due the the method of computation.
be careful with your trading idea, follow the chart and dont follow your heart


Quoting Ijaz Anwar
i hope if gold will break 1730 then next target can be 1745 if breakes 1715 then 1709,1700
i do not trade by chart i have a very simple way of trading so i take profit in my way usually
May the Profit always be with you


Quoting Ijaz Anwar
i do not trade by chart i have a very simple way of trading so i take profit in my way usually
Quoting mas tidar
May the Profit always be with you
but i know most of the trader go with chart then why they got in trouble if they have the proper excess of chart
Quoting mas tidar
May the Profit always be with you
to be very honest i do not have the right ideas of chart do not know how to analyze that one if you can then please guide me for a while may be that can be much better for me
ADP also decided to re-revise its September number from 162K orginally, to 88K yesterday, to 114K today. Total farce
abey ye kon hay... kul tuk ka wait...aaj kya grass cutting karain hum..

Quoting mas tidar
Guys, Wait till tomorrow evening
Quoting sfurqan
abey ye kon hay... kul tuk ka wait...aaj kya grass cutting karain hum..
wait keyoun gold 50 dollr ki move kr chuka hey
lol ya... ye kon sa wait kur raha hay cant say...
hahahaha
Quoting sfurqan
abey ye kon hay... kul tuk ka wait...aaj kya grass cutting karain hum..
nahi nahii
keya nahi nahi
Very much doubt the Euro will reach required amplitude to continue the rise today - regardless of news.
down down down gold will be down
yr ye GBP kyon neechay nahi a raha?? kya queen latak kur jhool rahi hay is ki..
nothing is down yet
I'm laughing as I read your spot on analysis given how it's ignored by the; "but where's the trade bitchez?" flash mob.. ;-)

Just read the USA pmi figs, edges down to a 37 month low.."But where's the trade bitchez?"

"The markets" brush aside the petty detail of ADP always being wrong and the DJIA shoots up 1.4%

Quoting tradewind
Read the data closely and you will see these are bogus numbers. ADP even acknowledges they have changed the way they compute these numbers so obviously they will not relate to previous computations. Whereas the state of the economy is showing a decline as reflected by the Manufacturing PMI, Productivity results and cost of labor. If it very interesting these changes came shortly before the election. I urge you not to trust the employment numbers as they are likely misleading due the the method of computation.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
sell cad/usd
leave gold for today trade with cad/usd
So many times I have lost because of news, that news I don't trade anymore, or if I trade I wait to see reaction. Better performance is with my own intuition and logic, and that's all because the news are not defined good. For example here on ForexFactory you will see the expectations differently then somewhere else.

Also other thing. News reacts sometimes contrary because of news fade. For those who don't understand this, maybe it is simplier explanation to immagine your wallet.
You are going to buy your favourite news paper, and it costs 1.50 €. You pay the product with 20.00 € in cash, so in this moment your wallet (you) have less money for 20.00 €, but you will later recieve 18.50 € back.

Then another thing. Interpretation of news, is the statistic and speculation for us. But you must not forget, that they have the winning cards and they speculate our opinions and strategies like we do their, so writing about this is kinda giving them money for free, because we all want to earn, but we don't have enough money to play, so we have to use stop loss and they don't. If you would have 10.000.000 € it wouldn't matter on what position you buy or sell EURUSD. True?

Who get rich from from forex? Not me not you, I think we wouldn't talk here about news and all this shit.

In statistics 98% maybe even 99% of all people has failed and that's because we don't have liquidity to play a poker with them.

The Forex was very profitable years ago when daily EURUSD jumped for 400 pips up or down. This people is today playing a game of recession they are big an the will get even bigger.

Only sons and friends of big investors, specialist or traders can grab a little. If you'll be the one, would you share this to me.. ?
Ijaz... its just a timely down move... it will go up i think.


Quoting Ijaz Anwar
sell cad/usd
why GBP/USD not comming down... n e idea folks???
Quoting sfurqan
Ijaz... its just a timely down move... it will go up i think.
sir i do not agree bz cad has break out almost today all highs
Quoting DeeKey
So many times I have lost because of news, that news I don't trade anymore, or if I trade I wait to see reaction. Better performance is with my own intuition and logic, and that's all because the news are not defined good. For example here on ForexFactory you will see the expectations differently then somewhere else.

Also other thing. News reacts sometimes contrary because of news fade. For those who don't understand this, maybe it is simplier explanation to immagine your wallet.
You are going to buy your favourite news paper, and it costs...
agree i trade with resistance and support ,high and low ,moving average very simple trade
u mean US go up and CAD down??

Quoting Ijaz Anwar
sir i do not agree bz cad has break out almost today all highs
Quoting sfurqan
u mean US go up and CAD down??
sure
guys buy gold at 1710
Quoting Ijaz Anwar
agree i trade with resistance and support ,high and low ,moving average very simple trade
Yub, that all we need, but i still follow some news to make sure the chart is right, to me, trend lines, MA, Support and Resis are fine
Quoting sfurqan
u mean US go up and CAD down??
gbp is down i think you are just focusing on gold?
Quoting 25cent
Yub, that all we need, but i still follow some news to make sure the chart is right, to me, trend lines, MA, Support and Resis are fine
me too but no idea of chart wait for big releases to flash so trading direction could be justify
ya gbp is now going down..that time it wasnt..
This is my Outlook
Intraweek Trade Setups and Order Flow Book analysis for Major Pairs, Crosses and Precious Metals - London/ New York Session - 01 November

http://www.youtube.com/watch?v=boJfxTyYs3I&hd=1&t=2m6s

http://www.youtube.com/watch?v=t6c9gXtgcwY&hd=1&t=19m42s

To your success,
Doctortyby
ADP is the most unreliable reporting firm out there. They are never right.
Anyone wondering why the Aussie dollar is shooting up inspite of the dollar gaining across all the other pairs/metals??
Quoting Reb
ADP is the most unreliable reporting firm out there. They are never right.
http://globaleconomicanalysis.blogspot.hu/2012/10/adp-grossly-overstates-job-growth-for.html
buy buy buy gold and silver and wait for a week , these will explode with positive bios
My short term opinion of gold:
http://gold-god.blogspot.com/
Quoting mkj111
buy buy buy gold and silver and wait for a week , these will explode with positive bios
Are you mad?
Gain or Lose there is always a winner named Market!!!
It's difficult to believe the data isn't "cooked" when you know that private sector job creation for the past 4 years is down.
Hej.
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