All Eyes on Non Farm Payroll

Good morning Dynamic Traders,

Many of you should be managing your profits on the USDJPY this morning based on previous forex analysis. The pair has provided 100 pips since yesterday for aggressive traders and about 50 pips for conservative traders. Either way, Dynamic Traders have made money on the USDJPY for little work.



Advanced Get USDJPY 4 hours chart. To read more about this software click here.

Today we have Non Farm Employment Change out and the expectation is -75k for this month. Expect a high degree of volatility today and especially around 1.30pm BST. Prior to that we have some other news items out for the Euro zone so for those of you who are not wired for action and don't have a requirement for speed then turn off your trading programs and come back to it once the news it out of the way. Those who have a need for speed should be very carefull as days like today empty out many dumb moneys trading accounts. Should you decide to trade today then make sure you have stops in place.

Hope you all have a good weekend.

Good trading.

Forex Analyst
Javid Shaik