I just uploaded a special training video on Forex news trading which explains everything you need to know on how to take advantage of news in your Forex trading…
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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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)