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.
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