How To Identify A Winning Trade | Special Events
Special Event – December 2, 2016
NFP Trading
Tomorrow is the first NFP release in the post-election world and the expectation is that we will see 175 jobs added to the USA Non-Farm payrolls for the recent month.
November was a HUGE month for Forex and other markets as the ‘Trump Trade’ pushed significant price action. The market didn’t act as the analysts predicted in the scenario of a Trump win, and this reiterates that in Forex, we can always expect the unexpected.
This sets us up for an interesting scenario with the release of the November Non-Farm Payrolls in the USA. Since the Presidential Election, the Greenback and everything else US-based has been overall very strong.
Keep in mind, all this data mentioned above was generated pre-election. The confidence in the U.S. Dollar picked up steam based on a variety of factors, and not all because of the post-election results but also pre-election.
This momentum has the potential to push the Greenback into a rally that may blast us into 2017.
The results of the November NFP is the first noteworthy piece of post-Trump data, and may intensify confidence in a stronger Greenback if the numbers are strong. Let us find out together in our Live Trading Room.
Special Event – November 5, 2016
Mentoring Session: Learn How To Identify Trade Setups
On Thursday December 1st, Trader Ron identified a strong upward GBPUSD momentum and bought at 1.2567 and banked profit at over 80 pips within a very short time. How was this classic trade setup identified and what is the key to identifying similar trades?
These topics will be discussed on Monday December 5, 2016 at 11am New York time in our Trading Room.
Trading Session Schedule
- Posted by Teri Patterson
- On December 2, 2016
- 0 Comments
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