World Clocks

Friday, May 05, 2006

May 5, 2006 April Non Farm Payrolls Report


  • 200,000 was the projected number but came in well short@ 138,000 huge spike on 13:30gmt 40-50+ bull spike in less than 5 secs.
  • Many indications that this trend was over and done after the spike including dead indicators and especially the 2566 resistance level holding firm after a few trys.
  • Flat CCI and dead juice should have closed the trading session, 2 trades instead of 3 for a small gain, instead of a small loss.
  • Please refer to Closed Blog charts for detailed summary of this mornings NFP release and log.
  • 2 Trades stopped for -15 pips, 1 trade +21 pips closed @ 5000 units, 250000 units stopped out B/E on reversal.
  • Trend 3
Posted by Seaducer67 at 3:26 PM

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