Tag Archives: CAD Employment Change

The future and week of July 5 – 10, 2020

The deviation for the NFP was huge but the spike was only about 20 with an instant retracement. It is difficult to say when the markets will start behaving normally again, but it is impossible to make any money in … Continue reading

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Forex News Trading: Trades for Friday, June 5, 2020

8:30 AM EDT US Non-Farm Employment Change XAU/USD There is no sense in looking at the history of this. The forecast is for 8 million more unemployed and the unemployment rate going up roughly 5% from 14 to 19. These … Continue reading

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Forex News Trading: Trades for week of May 30 – June 5, 2020

It seems like forever since we did any real trading. The unemployment numbers are starting to level off so it looks like the worst is over, though the recovery will be slowed because each state is opening up at a … Continue reading

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Forex News Trading: Trades for Friday, May 8, 2020

8:30 AM EDT US Non-Farm Employment Change XAU/USD History certainly doesn’t matter here. The forecast is for 21,400,000 lost jobs and the unemployment rate jumping from 4.4% to 16%. Like last month this could be off by millions and it … Continue reading

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Forex News Trading: Trades for week of May 3 – 8, 2020

I didn’t do any of the trades last week, anticipating none would have any movement and not wanting to take the risk, so not sure if there was any movement. Some things are starting back up now so from a … Continue reading

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Forex News Trading: Trade for Thursday, April 9, 2020

8:30 AM EDT CAD Employment Change USD/CAD As with the NFP, there is no need to look at past trades. The expectation is a loss of 427,000 jobs. This will likely be off by hundreds of thousands, but it won’t … Continue reading

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Forex News Trading: Trades for week of April 5 – 10, 2020

Happily we are out of March, but the seas still look ugly as far out as is possible to see. The NFP today shows just how far into the twilight zone we are. The estimate missed the actual by -601K … Continue reading

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Forex News Trading: Trades for Friday, March 6, 2020

8:30 AM EST US Non-Farm Employment Change XAU/USD In December we saw 85, -.1, and -.1 with an 18 pip spike. This was a case where a broker that fills with little to no slippage was very advantageous. It spiked … Continue reading

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Forex News Trading: Trades for week of March 1 – 6, 2020

This past week there was only one trade that did nothing. It looks like it spiked down only about 5 pips before retracing the whole way. This was a good enough deviation to get a good move but this coronavirus … Continue reading

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Forex News Trading: Trades for Friday, February 7, 2020

8:30 AM EST US Non-Farm Employment Change XAU/USD In November wee saw 38, 0, and -.1 with a 50 pip spike. It pushed down hard 50 pips or so, then retraced about 10 in the first minute. Over the next … Continue reading

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