TRADERS REPORT UP TO 77 PIPS OF PROFIT ON NON-FARM PAYROLLS
Last Friday we were watching the US Non-Farm Payrolls report,
and we were looking to long the USDJPY if the number came out
at least 50k better than expected. The actual deviation was
55k jobs, so it did meet our safe trigger and we had traders
report profits of up to 77 pips on the USD/JPY. To see a video
of this trade, please click on the link below:
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we will have an opportunity to trade when the UK
Industrial Production report is released at 4:30 am EDT. We
will be focusing on the Industrial Production (MoM) figure. The
expectation for this report is -0.1%. We will be looking for a
deviation of 0.5% on this report to trigger a safe trade. A
better than expected figure will trigger a buy on the GBP/USD.
This report last met our safe trigger in November, and we had
traders get in and report profits of up to 30 pips. To see a
video of November’s trade, click on the link below:
This is our current outlook for this trade; however, it is
subject to change as market conditions may change by tomorrow.
Be sure to log in to the Live Trade Room 15 minutes prior to
the release to get my commentary on this potential trade.
Good Luck!!!!
