Non Farm Data

Morning everyone, expect to see a lot of volatility a little before and certainly after 1.30pm today. The Euro, GBP and CHF has been awaiting this data the last couple of days as you can see from the sideways movement.
I am on a course this afternoon so probably won't be able to update today so what I will say is don't jump into a trade too quickly after the news. Wait for the non directional volatility to subside slightly and let the market take off in a particular direction before openong a position.
Over all, again I will state we are still in a downtrend with the Euro. If we do go up on the Euro today then consider it a shorting opportunity. Don't short too early and after a big move we usually get consolidation before we often get a second leg of the same direction.

Good luck today.