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Carl_G Carl_G XAUUSD, D, Short ,
XAUUSD: GOLD - Ahead of NFP (Non Farm Payrolls)
335 3 11
XAUUSD, D Short
GOLD - Ahead of NFP (Non Farm Payrolls)

MrTakeProfit MrTakeProfit EURUSD, 240,
EURUSD: EURUSD Trading HALTED in lieu of Non Farm Payrolls?
108 0 11
EURUSD, 240
EURUSD Trading HALTED in lieu of Non Farm Payrolls?

Since price topped off at 1.09 the bears have been relentless in their pursuit of driving the price back down to previous lows. In the first week of April the EURUSD retraced over 40% with almost no resistance and just in the last 72 hours price has taken another 15% dive. Currently, price is consolidating between 1.07 and 1.065 or in Fibb terms .50 and .618. As ...

SOFRONOFX SOFRONOFX XAUUSD, 240, Long ,
XAUUSD: Gold continuation trade
55 0 3
XAUUSD, 240 Long
Gold continuation trade

Price failed to break the 0.23 fib (1241.357) level which is was also a previous resistance level now turned support. Slow stochastics are now indicating that Gold is moving out of an oversold position. Got a tight stop in case we drop to the 0.50 Fib (1220.185) leading into non farm payrolls this Friday.

18hrs 18hrs XAUUSD, 240, Long ,
XAUUSD: September 2nd Non Farm Numbers, What's The Story Here?
87 0 1
XAUUSD, 240 Long
September 2nd Non Farm Numbers, What's The Story Here?

Looks like a lot of traders are going to get hacked to bits between the potential range of $1290 to $1325 because the Fed is doing what it does best, fear mongering about a rate hike. This is only helping the Fed play the longs into their hand by forcing them to give up their positions in gold. A close under $1308 after Friday’s Non Farm numbers will increase ...

Elliot_Myers Elliot_Myers PRO GBPUSD, 240, Long ,
GBPUSD: GBPUSD Wedge formation broken + pay rolls = buy?
38 0 4
GBPUSD, 240 Long
GBPUSD Wedge formation broken + pay rolls = buy?

As can be seen price has broken out of the wedge formation. What usually happens now is a deep retracement back into the wedge and a spike back out continuing the upwards trend towards a re-test of previous highs. The farms rolls tomorrow are historically the worst and this should give a perfect opportunity for bulls to carry price higher. See below for a double ...

Killy_Mel Killy_Mel FRED/PAYEMS, M, Long ,
FRED/PAYEMS: DATA VIEW (NOT A FORECAST): NONFARM PAYROLLS FULLY RECOVERED
37 0 2
FRED/PAYEMS, M Long
DATA VIEW (NOT A FORECAST): NONFARM PAYROLLS FULLY RECOVERED

Total NFP confirm the positive developments in unemployment rate. The data trends firmly upwards since 2011 and has surpassed the pre-crisis peak of 2008.

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