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Evening traders,

Overall the Dynamic Trader members will have had another very good trading week. Not as good as last week or the week before but still good.

Remember, tomorrow we have further news out so please ensure you follow the points in this mornings email.

The next trade set up has just been sent out to members.

Enjoy NFP tomorrow.


Javid Shaik

NFP Expectation

Good morning traders,

Market analysts forecast a worse than expected NFP report today. That said the expectation is it wont reverse the equity market. Right or wrong, this is a typical sentiment by market analysts.

The expected loss of jobs is values at 223,ooo. Lots of people will lose on gambling on the figure and attempted pricing of the markets today. This is partly due to ego and the need to be right and any wrongs are quite often written off and soon forgotten about.

All Dynamic Traders should remember the discipline that is required and follow the rules given out to you. Javid sent members an email this morning showing the USDZAR and that will provide a guide to structured and disciplined trading where good profits can be made without the high emotion that will be in abundance today.


Anne Chapman
Dynamic Trader

News

Good Day Dynamic Traders,

A lot of the currency pairs decided to do a generous breather or the beginning of a pullback today. Hopefully you have secured your profits by tightening your stops. Some may have taken a position to not be in the market at all. The good news is that the markets will provide more opportunities due to the pullbacks. As tomorrow is filled with high impacting news items (at least 12 of them) and Friday is NFP I have decided due to the expected volatility it would be best to remain out of the markets, therefore I will not be posting any charts tonight or tomorrow night.

Wishing you all a fantastic few days ahead.

Good Trading!
Bijal Shah

High Volatility News

Dear Traders,

Hope you have had a successful trading week so far. There has been lots of movement today, some unusual and perhaps determined by speculation or predictions of the impending news. I have done my analysis as per usual but am not seeing any convincing set-ups at this point and given that there is high volatility news out tomorrow and Friday (NFP) I am choosing to stay out of the markets for now. If I see anything worth sharing with you and get the opportunity I will post a blog.

Until my next post - Safe Trading!

Bijal Shah