Menu

  • EUR/USD: Trading the US Nonfarm Employment Change

    From forexcrunch.com

    US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD. Published on Friday at 13:30 GMT. Indicator Background Job creation is one of the most important leading indicators of overall economic activity. The release of US Non-Farm Employment Change is highly anticipated by the markets, and an unexpected reading can affect the direction of EUR/USD. Nonfarm Employment Change was outstanding in October, ... (full story)

  • #1
  • Quote
  • Dec 3, 2015 11:37am Dec 3, 2015 11:37am
Fuck yohay!
  • #2
  • Quote
  • Dec 3, 2015 11:58am Dec 3, 2015 11:58am
  •  Trader#46C7
  • | Status: Unregistered Trader
King Dollar or Euro?I'll stay with King Dollar and Yohay's excellent skills.
  • #3
  • Quote
  • Dec 3, 2015 11:59am Dec 3, 2015 11:59am
Yohay frankly I'm curious how much did you earn by forex trading? Always selling euro? Do you have any euro left to sell? Keep selling until your last breath.
You cannot learn better without losing
  • #4
  • Quote
  • Dec 3, 2015 12:08pm Dec 3, 2015 12:08pm
Pop quiz:

ECB cuts rates by 10bps... where is the EUR 3 hours later ?

Price action suggests EVERYONE was short EUR against EVERYTHING. Horrible squeeze which I'm sure has dented a lot of PnL's.

Even more concerning though is the fragility of the bond and equity markets, meaning that if tomorrow's payrolls seemingly "strap on" a rate hike, we could see further instability and squaring of positions too. Besides having been short EUR, everyone is long USD too, tomorrow afternoon could be just as bloody as today.
  • #5
  • Quote
  • Dec 3, 2015 12:29pm Dec 3, 2015 12:29pm
Selling EUR until the last
  • #6
  • Quote
  • Dec 3, 2015 12:36pm Dec 3, 2015 12:36pm
Why this much of Aggressiveness for Euro,Actually who buy.......buying the Euro within few hours this much ,its unbeliveable in my FX Carrier,without Gap 400 pips for asusual ECB Rate Data,Behind the Huge Move ,there are so many Insiders & MNC Gaints & Market Makers are placed,

Once Again they will do anything By means of Trillion $ Money do Anything in Bend the Market.

Pretty poor thing before they plan for that ,so that only they try to fool the market traders before 12 Hrs,due to the ECB meeting Bearish Fever, its also Success as they wish ,they try to Catch the Fish in Collapse Pond.

Welcome to the Fake Forex World !
  • #7
  • Quote
  • Dec 3, 2015 12:47pm Dec 3, 2015 12:47pm
Same as usual, will be right back where it started next week.
  • #8
  • Quote
  • Dec 3, 2015 2:37pm Dec 3, 2015 2:37pm
Quoting gc44
Same as usual, will be right back where it started next week.

agree dont find the reason of this much movement, and not draghi comes up with very good plan for euro as well, 100-150 pips movement max 250 pips is more than enogough for this type of outcome, but more than 500 pips this is too much, this is just sl hunting or blusting accounts nothing else.
  • #9
  • Quote
  • Dec 3, 2015 2:59pm Dec 3, 2015 2:59pm
Quoting jegas
Why this much of Aggressiveness for Euro,Actually who buy.......buying the Euro within few hours this much ,its unbeliveable in my FX Carrier,without Gap 400 pips for asusual ECB Rate Data,Behind the Huge Move ,there are so many Insiders & MNC Gaints & Market Makers are placed,

Once Again they will do anything By means of Trillion $ Money do Anything in Bend the Market.

Pretty poor thing before they plan for that ,so that only they try to fool the market traders before 12 Hrs,due to the ECB meeting Bearish Fever, its also Success as they...

agree dont find the reason of this much movement, and not draghi comes up with very good plan for euro as well, 100-150 pips movement max 250 pips is more than enogough for this type of outcome, but more than 500 pips this is too much, this is just sl hunting or blusting accounts nothing else.
  • #10
  • Quote
  • Dec 4, 2015 12:25am Dec 4, 2015 12:25am
Quoting forexreward
agree dont find the reason of this much movement, and not draghi comes up with very good plan for euro as well, 100-150 pips movement max 250 pips is more than enogough for this type of outcome, but more than 500 pips this is too much, this is just sl hunting or blusting accounts nothing else.
What I am seeing is that some MMs digging themselves a big hole.
Happy trading! 😎😎😎
  • #11
  • Quote
  • Dec 4, 2015 8:02am Dec 4, 2015 8:02am
WOW..kanqiwa do you have to take off your shoes when you count your money or are two hands enough?
  • New Comment
  •  Trader#F948
  • | Status: Unregistered Trader
Create Account
  • Story Stats