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It’s a total piece of crap that I spent my $1,000 on and I would ask everyone who’s considering to pay a membership to “learn” what you can to avoid it.
I’ll talk about it later, it’s 6.20AM here.
Popularity: 75% [?]
US Dollar’s the big winner after the announcement cut apart from a few pairs which gained back its own momentum (like USDCAD)
Let’s see the few big movements.
GBPUSD
2.0516 to 2.0334 = 182 pips move
AUDUSD
0.8897 to 0.8711 = 186 pips move
USDJPY
110.76 to 110.46 = 130 pips move
Which are you foreseeing to happen?
minus 25 points
minus 50 points?
no action?
Hmm. Share your views with us!
Popularity: 88% [?]
We can take a look at USDCAD before the release of the NFP on it’s employment changes.
An analysis from Tim, Investica at Forex Factory
Following the surprise interest rate cut this week, markets will now look to assess the extent of a slowdown in the Canadian economy and the prospect for a further short-term policy response from the Bank of Canada.
Uh uh, it’s 9 hours from now before the next Nonfarm Payroll figures are release for the US, which means its another royal rumble again. If you’re new to NFP, this is a short introduction from IBFX,
Of all the world monthly economic reports, the monthly US NFP report is the most highly anticipated and has the most dramatic impact on the currency market.
News came from Jaclyn, FXCM
New York, December 3, 2007 — Today, Forex Capital Markets LLC (FXCM) announced that the Refco estate agreed to sell its 35% ownership interest in FXCM to Long Ridge Equity Partners (and affiliated entities) and Lehman Brothers. The financial terms of the transaction were not disclosed.
I’d like to say even though I’m not a fan of paid subscriptions, Peter Bain’s email subscription works fine for me. It’s informative and definitely work your Gmail (or whatever email you’re using) space.
Here’s one tip from Peter and I urge you to seriously consider signing up for his mailing list. It’s not that irritating as compared to others who’re actually asking you to buy a product.
This is a reading source from Forex Factory which I think is pretty good to what’s going to happen later in a few hours time.
Just after the release of ISM results (not much reaction on price action btw), I was looking and scanning around the few hour chart duration of cable (GBPUSD).
Placed a long position at 2.0650, Stop Loss at 2.0620

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