EURUSD

EL @ 30 will reenter later.

US job creation has been weak in the last couple of months, not rising above the 120K level. Many have blamed this outcome on the severe winter weather and currently the general expectation is that employment growth should pick up moderately this month, along with an improvement in the meteorological conditions.

The majority of experts taking part in the forecast report see February US job gains in the range of 120-160K. Like Ilian Yotov, who points to a 150K outcome, they believe that increase will be “a bit better but not spectacular.”

H1:

This thing will keep going no matter what news!!!

NFP and some other data will mix ... Move up and down to kill stoploss both side.

Better not to trade. If u r in the trade then take out stoploss or widen it

God bless you -

USD/CHF H4:

3760 or 4250. Shall be looking for those 2 levels before deciding on an entry on EU.

On event only manual Stops works, predefined stops most likely to hit

Puppy NFP stronger than ever data cannot change direction. It will must reverse any down spike. PA become too strong.
SELL SELL SELL type players and their bosses failed to grip the price below 3870 before NFP. There was a little chance there but as I said always.... they sell without discipline and proper plan. This is happening since 2011

If they had plan they could attempt to push it down below 3850 & then hold 3865

In Case, If today's NFP is negative for USD then any chance for EUR to go up another 90-100 pips as it is already raised 150 pips yesterday.
pl advise your views.

Maybe we should all just try to talk a little less and trade a little more.

Accumulation of bids starting to form around 1.39 on eurusd and stops around 1.3890.

Then on chfjpy bids at 117.35 and eurgbp at 0.8285.

An interesting observation of Deutsche:

False assumptions do not stop there, there is one regarding Adaptive non farm payroll. There is a tendency to be looking for clues regarding NFP. Market participants presume correlations to increase between NFP and ADP, over time. Nevertheless, there has been only 9% correlation over last year and huge divergence in December data. ( ADP was 238k vs. 200k foretasted, but NFP print was 74k vs. 197k expected) The correlation between the two economic indicators has been with no statistical significance. At best, correlating 13% since 2005 and 53% agreeing on direction.
In essence, Adaptive Payroll can be factored as a reliable alternative over employment estimation. Market’s reaction to the number release is quite similar to NFP, but 40% smaller in magnitude. As for currency’s reaction, consistent Dollar appreciation of good data. A 20k NFP and ADP surprises are worth 0.11% and 0.4%. However, save havens such as Swiss franc and Japanese yen are the most sensitive ones.

there is some r not far above 39xx on the weekly and monthly, 3914 is daily r1, http://www.actionforex.com/markets/p...2010040848154/

strong reversal zone. attention to third trendline point so falling intensely.

most of us have lived through nfp, many times there is a pump before.. and many times there is a dump regardless the outcome of the jobs report. caution is the word of the day, not trading or a smaller position with wider stops may cure what ails u

hmmmm

Any one any view on UJ, I'm

Silence of the upcoming storm

Still looking bullish IMO,