thank for your forthcoming in my jurnal ,,Originally Posted by ;
I have new article for today,, New traders -- remain away: Trading during this explosive period is quite risky. Have a rest and enjoy the weekend. Action prior to the launch: Strange moves begin from the markets well ahead of the launch at 13:30 GMT. This normally reflects the expectations -- expectations that aren't necessarily met, and they can lead to a counter response afterwards. Jittery trading intensifies with the launch of their Canadian employment figures, an hour and a half prior to the American ones. Friday effect: Powerful moves in a certain direction -- possibly dollar strength or dollar weakness, could be seen hours after the launch, normally in the last hour of the London session -- involving 16:00 to 17:00 GMT. This is the movement that will determine the finish of the week, and thus have a real long-term effect. This is the full reaction. Technical barriers can be broken -- support and resistance lines, uptrend support or downtrend resistance lines could be broken around the launch of their NFP. This is usually only temporary -- that the chart returns to normal after a while, and these lines are admired. First response is incorrect: the initial reaction to the discharge is in the wrong direction: that the knee jerk response is usually”normal”: good data yields dollar strength and poor data yields dollar weakness. This is quite temporary! We are in the crisis, and also the risk variable rules. So, minutes after the”normal” response, the risk factor kicks in and the opposite occurs: good data returns dollar weakness (risk appetite), while poor data yields dollar strength (risk aversion).