 |
Description:
The forex headline number for Non Farm Payrolls was bad today. So the EUR should skyrocket... right? Wrong! Why did the USD strengthen after a terrible NFP release? Last month was revised upward by 60,000 jobs. Professional FOREX Traders expected a poor NFP, but no one saw this huge positive revision coming. Boom! As a result, the cable and euro dropped. As usual, a forex trade opportunity developed at the close of the 5 minute candle and a break of support... or a lower low. Pivots and Fibs then predicted likely bottoms. Traded the fundamental annoucement technically! FOREX, FOREX, FOREX, FOREX... you gotta love it!
Live FOREX Training | Everyday
© 2005 All Rights Reserved. http://www.FxBootcamp.com |
Our tip:
Video not showing or playing slowly? Use FIREFOX instead of Internet Explorer in order to view movies clearer and faster.
Firefox is free and is by far the best free web browser you can use. |
|
|
|