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  • Payrolls in U.S. Increased 195,000 in June, Unemployment 7.6%

    From bloomberg.com

    Employment increased more than forecast in June, wages picked up and the U.S. jobless rate held close to a four-year low as the world’s largest economy weathered the effect of higher taxes and federal budget cuts. Payrolls rose by 195,000 workers for a second straight month, the Labor Department reported today in Washington. The median forecast in a Bloomberg survey projected a 165,000 gain after a previously reported 175,000 increase in May. The jobless rate stayed at 7.6 percent, while hourly earnings in the year ended in June advanced by the most since July 2011. Job gains and a rebound in housing are shoring up ... (full story)

waow my best day in 2 months
USD Positive data ,sell Euro without follow any rules !
Gold down too, yipee!
Its a down year for the euro
go go usd ...
Been riding this EUR slide since 1.31 and loving it!
yes but Unemployment Rate go up
not good
Very weird, not moving fast like b4!
LOL.... you guys should not be trading....
  •  Guest
  • | IP XX.XX.137.218
my shorts are done - guys, the trappin the sellers today i think
ej is having strong resistance at 129.50
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
Quoting Idoscon
yes but Unemployment Rate go up
No Idoscon. The Unemployment rate was flat as it was exactly as last month and the forecast was wrong.
Buy when everyone else is selling and sell when everyone else is buying !
Is it b'cos of unemployment rate?
Quoting Idoscon
yes but Unemployment Rate go up
unemployment not going up,just unchanged
  •  Guest
  • | IP XX.XXX.70.100
Quoting Idoscon
yes but Unemployment Rate go up
Unemployment didnt go up, it just didnt go down as expected.
NU strong support 0.7760...hmm..
Quoting Idoscon
yes but Unemployment Rate go up

Quoting safdarhashmi
unemployment not going up,just unchanged
If so Non-Farm Employment Change is unchanged
Quoting Happy_Camper
LOL.... you guys should not be trading....
Agree, my XAU is from 1310, so just more joy from an older trade.
What happened? Pips not moving fast like b4 despite strong data?
take profits and run USD pairs are overbought
I think the feds should fire a last round of QE... Its actually working..
Quoting Kok Teong
What happened? Pips not moving fast like b4 despite strong data?
It is taking a breather .. it will resume the move soon, as we are hitting previous demand/supply levels for now .. PLUS the move happened 5 minutes earlier than the release on my charts ... someone must have leaked numbers before official release at 8:30 :| I was waiting for the numbers and booooooom my charts jumped earlier than 8:30 like 70 pips
UJ is back up over resistance level and will be heading toward 103.70 maybe?!
EU hitting the rising daily trend line at 12810 or so, expect little hesitation here
Quoting Mafia
ej is having strong resistance at 129.50

ya EUR/JPY having very strong resistance in 129.50 ,so don't worry & today pivot is 129.40 ,so gravity force work out ?
its time to sell usd now !!! the rally is over.
i have earned 375 pips in BP today
Quoting sureshort
its time to sell usd now !!! the rally is over.
What ?
Are U Crazy ?
Quoting PurePrice
UJ is back up over resistance level and will be heading toward 103.70 maybe?!


Don't worry usdjpy power resistance is 101.200 , news impact will down within hour ,so no chance to go up today ?
  •  Guest
  • | IP XX.XXX.254.178
I'm a bit of a newbie in this. All the gains have just dropped off double in the last 10 minutes... is that to be expected?
Quoting sureshort
its time to sell usd now !!! the rally is over.
Just about right Sir.
  •  Guest
  • | IP XX.XXX.145.19
Quoting Mohamed Rift
What ?
Are U Crazy ?
Not crazy totally agree with that !
Quoting PurePrice
It is taking a breather .. it will resume the move soon, as we are hitting previous demand/supply levels for now .. PLUS the move happened 5 minutes earlier than the release on my charts ... someone must have leaked numbers before official release at 8:30 :| I was waiting for the numbers and booooooom my charts jumped earlier than 8:30 like 70 pips
I think the breather has stopped breathing!
Quoting Kok Teong
I think the breather has stopped breathing!
The market died of a heart attack?
Quoting Mrpipstar
take profits and run pairs are oversold
You are very right, Jolly.
the only way you can sell EU today is if it bounce from 1.28500 and break 1.28000 successfully
Quoting Mohamed Rift
What ?
Are U Crazy ?

He is right, its time to sell US$
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
hang on for about 5 minutes and see what Wall Street is going to do .. are they gonna continue the move or counter it .. I would wait until 9:30 am when wall street comes online
  •  Guest
  • | IP XX.XX.141.98
Quoting PurePrice
It is taking a breather .. it will resume the move soon, as we are hitting previous demand/supply levels for now .. PLUS the move happened 5 minutes earlier than the release on my charts ... someone must have leaked numbers before official release at 8:30 :| I was waiting for the numbers and booooooom my charts jumped earlier than 8:30 like 70 pips
My chart from Oanda moved with the report release on bloomburg.
Quoting sureshort
its time to sell usd now !!! the rally is over.
You shall be honored with Forecast of the Decade my friend
haha at least he will get something for getting a margin call
Quoting JollyBean
You shall be honored with Forecast of the Decade my friend
Quoting afolabiay
the only way you can sell EU today is if it bounce from 1.28500 and break 1.28000 successfully
waiting for d bounce
Quoting PurePrice
hang on for about 5 minutes and see what Wall Street is going to do .. are they gonna continue the move or counter it .. I would wait until 9:30 am when wall street comes online
Wall Street failed in their attempt??
Quoting Kok Teong
Wall Street failed in their attempt??
looks like they are taking advantage of the little retrace now ... hang on to your seats for another wave of USD buying
That is Currency trading for you !!!!!! Just when you thought it was going to go your way for once. The market comes back and bites to remind you it is right and you are wrong
maybe they will take EU to 12750 where previous demand was ... who knows?!
Quoting sjackson99
That is Currency trading for you !!!!!! Just when you thought it was going to go your way for once. The market comes back and bites to remind you it is right and you are wrong
agreed 100%
Eh, why weren't you short cable, Eur/usd and long dollar yen from the 18th or 19th June? Honestly its a fookin mystery where some of you guys get your strategy/signals to trade.

Quoting sjackson99
That is Currency trading for you !!!!!! Just when you thought it was going to go your way for once. The market comes back and bites to remind you it is right and you are wrong
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting Spreadbetter
Eh, why weren't you short cable, Eur/usd and long dollar yen from the 18th or 19th June? Honestly its a fookin mystery where some of you guys get your strategy/signals to trade.

IT all depends on the time frame you are trading. You maybe a long term position trader, some are scalpers, and they both can have totally differing views on the market because they are looking at different time frames
weired eu...herm all currency go down
That is the end of NFP episode, call it a day and good night!
I am trading the 5 min time frame and using engulfing candles as buy or sell triggers depending on which way the trend is. I also like to trade big news items like Non Farm. So i ended up getting into the down spike around 3 quarters of the way down.
We are Seen GOld 1179
>>>>>>>>BULL<<<<<<<<<
GOLD 1500 SOON
Er, no it doesn't, retail traders should part time trade off the dailies and get a job.

Quoting PurePrice
IT all depends on the time frame you are trading. You maybe a long term position trader, some are scalpers, and they both can have totally differing views on the market because they are looking at different time frames
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Jp morgan and goldman are looking to buy and will soon sit on longs in gold and silver. 40% gain within minutes not in days or weeks. See what will happen to each and everybodies surprise.
how? can you explain,rather growing tapering concern by the FED
Quoting mkj111
GOLD 1500 SOON
Tapering qe is a fictional concern. Fed cant stop/ taper but rather it will double bond purchase. Rest is upto god.
Quoting safdarhashmi
how? Can you explain,rather growing tapering concern by the fed
  •  Guest
  • | IP XX.XXX.145.19
USD at this level is a real dream for seller like me
GL and have a nice week end all
Buyeeee gold and silverrrrrrr
Gold and silver on great 40% and 60% discounted sale . These metals have their own basic prices irrespective of qe.
Please buy everyone a little. Gold and silver will pay you a lot.
qe has huge effect on gold and silver,you have noticed last time when FED announced qe 3 gold and silver shout upward and now a days tapering is one of the big reason of gold down trend
Quoting mkj111
Gold and silver on great 40% and 60% discounted sale . These metals have their own basic prices irrespective of qe.
Quoting safdarhashmi
qe has huge effect on gold and silver,you have noticed last time when FED announced qe 3 gold and silver shout upward and now a days tapering is one of the big reason of gold down trend
when is the next QE?
Giving you sweet pills/ bitter pills the real big investment banks . Qe3. Dont give too much importance to qe rather see the fundamental value of these real money metals.
Quoting openyoureyes
when is the next QE?
ask FED official,than let me know.
It will be in last quarter of 2013. 200 billion per month
Quoting safdarhashmi
qe has huge effect on gold and silver,you have noticed last time when FED announced qe 3 gold and silver shout upward and now a days tapering is one of the big reason of gold down trend
Yes it is true but it s not the only factor... when they announced all these QEs, investors thought they will ultimately lead to hyper-inflation due to the excess liquidity they were supposed to create... That hasn't happened and inflation has actually flirted at times with deflation... now that they will taper, theres NO CHANCE of hyper-inflation... The other factor is global demand from commodities, particularly from the emerging markets has shrunk due to lower growth in China, india ect... Lower growth in Europe and the fears of an Eurozone collapse which could have helped gold, is no longer as real as it could have been with Greece. In other words, ther will not be a Eurozone collapse anymore and Gold as a safe have is no longer needed.
I suspect what will gold rise in the future will be when inflation will pick up in the US and growth will pick up around the world including the emerging markets and Europe... Remember that presently, global inflation is actually down, we need to see that go up... Or we need to see global demand for commodities to pick up. Ther are lots countries like Turkey, South Korea, Indonesia, Bangladesh, Ethiopia which are experiencing growth and as they continue to growth, demand for commodities and global inflation will pick up.... Or a political crisis
yup agreed,i also mean that.
Quoting str8bullish
Yes it is true but it s not the only factor... when they announced all these QEs, investors thought they will ultimately lead to hyper-inflation due to the excess liquidity they were supposed to create... That hasn't happened and inflation has actually flirted at times with deflation... now that they will taper, theres NO CHANCE of hyper-inflation... The other factor is global demand from commodities, particularly from the emerging markets has shrunk due to lower growth in China, india ect... Lower growth in Europe and the fears of an Eurozone collapse...
Gold is a great buy later this year around 700
Quoting backinblackl
Gold is a great buy later this year around 700

Dreams.....
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
Gold will go to 1100
Quoting moonstruck
Gold will go to 1100


that makes sense
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
My guess is $1,000, nice and round
Ageement reached in portuguese government...
Problem fixed?
KEEP CALM AND CARRY ON SHORTING
  •  Guest
  • | IP XX.XX.78.116
The NFP Report today is a crock! Most of the new jobs were for part-time work. 60% of the jobs created in June were for low paying positions. The underemployment rate has gone up from 13.8% to 14.3%. When the market realizes this.....................
U6 unemployment shot up to 14.3 percent from 13.6. It includes those who work part time because there are no full time positions and those who have given up looking.
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
one thing the peploe don't realize is the manafcture jobs is dying.
the full time job don't exist any more what we see right now is part time job only !!!
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  •  Guest
  • | IP XX.XX.14.90
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