Well, the week was another dud until today. I personally didn’t make any pips because the US NFP went out at zero, but we did see a huge jobs gain in favor of the Dollar and an actual move with some follow through. The markets will be elated to see the economy on the upswing and should hopefully start reacting in a more forceful manner to the news.
In the NFP, the spike was about 16 or so. My order went in and was instantly set to zero, but a single tick back took me out though as the spread was north of 20.
Looking ahead is appears to be a strangely quiet week for the second week of the month. The trades I will post are:
Wed 8:30 AM – US CPI
Wed 2:00 PM – US Federal Funds Rate
That’s it. Almost no red folders. Looks like a bunch of trades the following week. Hopefully other pairs will start moving again also.
Have a great weekend.