The headline number for Non Farm Payrolls was bad today. So the EUR should skyrocket… right? Wrong! Why did the USD strengthen after a terrible NFP release? Last month was revised upward by 60,000 jobs. Professionals expected a poor NFP, but no one saw this huge positive revision coming. Boom! As a result, the cable and euro dropped. As usual, a trade opportunity developed at the close of the 5 minute candle and a break of support… or a lower low. Pivots and Fibs then predicted likely bottoms. Traded the fundamental annoucement technically! Live FOREX Training | Everyday! © 2005 All Rights Reserved. http://www.FxBootcamp.com
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wow i really did remember that day :/
really lost half of my shirts
Hey… it could be worse… you could have lost your pants!
Wayne McDonell
FX Bootcamp, LLC