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Why was US employment consensus figure different on FF 0 replies
Point and Figure data providers and screeners 3 replies
Can you figure out why this EA stops trading? 1 reply
EA not working fully... cant figure out why. 11 replies
NonFarm Payrolls Move Poll 0 replies
DislikedNotice that the CAD employment change comes out ahead of the US NFP. Both indicate employment trend .
How connected in employment are the US and Canada? Could the Canadian numbers be a leading indicator for the US numbers?
Knowing that may tip off a direction for the E/U and hence a bias to base a trade upon.
But lately nothing has made sense when it comes to news/fundamentals.
Just what I have experienced.Ignored
DislikedIf I was to play the NFP I would play the retrace. I like the retrace because the spread is normally back to normal or almost back to normal.
The last few NFP's have gone like a rocket....then retraced and then headed in the direction of the original move.....so I would wait for some kind of over sold/bought and then hope on board on the retrace and the continuation.
Just my 3 pips worthIgnored
DislikedI agree, Lou. The market seems to react in the opposite direction as I would expect lately when news reports come out. For instance, when news comes out bad for usd, the eur/usd will drop instead of rising.Ignored