Today was an excellent day. I have been very busy so I was unable to cut the videos down however I plan on having them available tomorrow along with the transcripts from the trade room today so keep a look out for them. For now I will just say that it was a huge day for news trading as the CAD moved down almost 100 pips and we got a clear signal to short.
OUR NEXT LIVE ON THE NEWS TRADE CALL
Tomorrow we have the US Non Farm Payrolls expected to be 130k. If this release deviates by more than 50k it should be a great trade. This has a little more risk involved than the Cad employment figures simply due to the fact that we tend to see revisions more frequently.
If they revise last month by more than 17k and it conflicts with the actual release than we will close down our positions with whatever profit we have. A higher than expected number signals a sell on the GBP/USD and a lower than expected number signals a buy. This data will be released at 8:30am eastern.
