In a few
hours the monthly data about the US change in Non-Farm
payrolls will be released, as it usually happens almost every first Friday of the month. I,
personally, prefer to close all my positions and wait to see the results of
such high impact events, especially when I know exactly when they’re scheduled
to occur, as I am not fond of the whipsaws they usually provoke before the
market starts moving in a single direction, not to mention that in the hours
before the Non-Farm Payrolls are released the market is usually just
consolidating. Today hasn’t been any different than usual, and I, like many
other traders out there, am expecting the news with bated breath.
Interesting info.
ReplyDeleteInteresting info.
ReplyDeleteI agree, it's better to wait the news out.
ReplyDeleteThanks for the useful information.
ReplyDeleteInformative article!
ReplyDelete