NFP (Nonfarm Payroll) Employment Change on March 5, 2010 – Live Video
This NFP release surprised the market as usual and this time because of the better than expected figure, considering the weather / seasonal factors, it was a sign of strong recovery and stabilization of the U.S. economy… Needless to say, every high yield currency rallied at the end of the day, leaving JPY as the biggest loser of the week. This is obvious for my Mastermind Mentoring graduates as I’ve explained over and over that JPY is both carry currency and safe haven currency… any positive news that supports global economic recovery will have JPY pinned down… and if you were in my trade room, you’ll be trading none other than the GBP/JPY pair…
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I get asked a lot about my Currency Strength Meter and some of the best ways to use it. I made a short video (26 minutes) covering the 7 ways that I use my meter and I hope it will spark a new idea in your trading or point you to a new direction as you use my Strength Meter later on tonight.
I’d like to encourage you to leave a comment on my blog and share some other ways that you are currently using my meter, I’ll review your comments and incorporate them in my next Strength Meter usage video.
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Here is an email that I sent out yesteday on my pre-release DVD contest. However, I am extending the deadline to the 19th of August, 2009 so there is plenty of time for everyone to participate. Not only you will enter to win a copy of my upcoming DVD, but I will also send you to my special trading trick link, which is invaluable for people who don’t know it yet… and of course, you’d be helping me out tremendously. So please take a few minutes, you know I appreciate it:)
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Forex News Trading US Advanced GDP 01/27/12 Here is the forecast for the US Advanced GDP q/q :
8:30am (NY Time) US Advance GDP q/q
Forecast 3.0% Previous 1.8%
ACTION: SELL ... (2187)
