Spot Forex Trades

NFP Whispering in crisis

Fri, Jul 4 2008, 08:17 GMT
by Anthony Samaha

ForexSurvivor


ForexSurvivor

Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.

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A.         (04 July Europe) Latest Impact: NFP Whispering in crisis!

 

After the announcement of the  previous wire that ‘the ups to be downed’ ahead of Trichet & NFP, we noted that USD recovered (eurusd down) after the release of the fact that NFP was -62k and not as being whispered ahead of the release that -100k might be logged in. Unfortunately, markets bought the rumour, and didn’t have much time to reverse and sell the fact and today it looks like the markets are caught short USD.

 

EURGBP longs liquidated and on the way to new lows after markets completed top for July. Few hours remain for trading as US marks its 4th July and possibility to lull day trading is on the radar.

 

 

B.         Signal

USDJPY: Long 10712; TP 10pips

Limit Order Valid till 04 July

 

 

C.        Mission Accomplished:

N/A

Position(s) Closed

 

 

D.        The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****

 

 

 

 

 

 

Published on  Fri, Jul 4 2008, 08:20 GMT

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