You gotta love NFP, it never fails to disappoint. I've a little guessing game with myself about what the jobs number will print , and I was searching for 117K not bad to be a only off by 11K, much better than ADP.
On to the trades:
I only overly 1 now, again the day job:
I set my limitation buy to the GBP/USD in 1.9032, with a stop in 9060 (right above the regional high at 7:55am ET) and my TP in 1.900.
This is the reason I did that: what I do is look for on the 5 min chart, a close below the 14WMA and I look for the 240EMA and the 50EMA for direction in the market. Basically the 240 50 were sitting right on top of each other which means to me the guys which are trading the greater time frames have been in agreement in their assessment of price. I also look at the 14CCI, it was at intense and we had divergence in the previous two neighborhood highes. When the news candle could not close over the 14WMA I got up and went and got ready for work and by the time I came back that the transaction was shut.
This weekend I'll try and figure out my new screen capture program and post some charts.
Hopey'all got some good pips now!
Oh, one final thing, I have noticed and I want to do a bit more research on this but nationwide holidays in either the UK or the US produce some wonderful uni-directional moves. As weeks UK vaion showed. Hope to see some of you.
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