2020 has been a difficult year. We are thankful to all who have been taking care of the sick people among us. We are so grateful for our friends, family and loved ones. We planted a seed to build this community in a year with very little sun shine above us and we still managed to grow and itโs all because of you. Thank you..
Happy thanksgiving ๐ฆ๐ฝ๐
Happy thanksgiving ๐ฆ๐ฝ๐
Market Structure YouTube Video Coming Soon๐ฏ Hereโs An Example Of Bullish Market Structure Shift Seeking Liquidity๐
London Boyz pinned ยซMarket Structure YouTube Video Coming Soon๐ฏ Hereโs An Example Of Bullish Market Structure Shift Seeking Liquidity๐ยป
Trade Idea Update - Stop Loss Hit (Breaking Even). Market ran through the significant high and then reacted immediately. We are still bearish on the pair and now awaiting a re-entry so keep an eye out for GBPNZD ๐.
Today is the first blank page of a 365-page book. Write a good one! As you pursue your hopes and dreams, may this year bring you much success, happiness and health.
Trade Goal 2021 - Become the best Trader YOU can be. ๐ก
The best basketball player in the world, is the highest paid. ๐ต
The best boxer in the world, is the highest paid. ๐ธ
The best soccer in the world, is the highest paid. ๐ฐ
If you become the best trader YOU can be, the Money will follow. ๐ฏ
London Boyz ๐งโ๐
Trade Goal 2021 - Become the best Trader YOU can be. ๐ก
The best basketball player in the world, is the highest paid. ๐ต
The best boxer in the world, is the highest paid. ๐ธ
The best soccer in the world, is the highest paid. ๐ฐ
If you become the best trader YOU can be, the Money will follow. ๐ฏ
London Boyz ๐งโ๐
Forwarded from London Boyz
Trade with caution ๐จ
Trading Facts: ๐ก๐ What Is NFP ?
๐ NFP Stands For (Non-farm payroll)
NFP is always the first Friday of every Month @ 8:30 AM EST. The U.S. Bureau of Labor Statistics releases the numbers for new job creation in the US
The data includes all paid workers, excluding government employees, private households, non-profit organizations and the farming industry (thus the name).
Itโs a very important indicator for how well the US economy is doing. Major changes or releases that surprise their forecast lead to significant price movements and a lot of volatility. I will quickly explain you, how YOU can trade the NFP. But be careful, the market will be very volatile.
๐ In a nutshell
In every NFP there are three parts and news releases:
A) The NFP numbers: how many new jobs have been created/lost?
๐ The unemployment rate: what is the overall unemployment rate?
C) The hourly wages: how much workers are earning on average?
๐ How to trade?
The most important note - you never trade the actual number. 200k new jobs great, good or bad what matters the most, are the expectations of experts BEFORE the actual numbers are released. You trade peopleโs expectations and reactions to those numbers.
1) Is the actual number in A) higher than the forecast and previous -> USD will very likely rise.
2) Is the actual number lower than the forecast and previous -> USD will likely fall.
๐จ๐ฃ
Please be advised that you will see an immediate volatility spike, basically a very strong reaction to the release of the numbers and the price will later reverse once the majority of the market plays out
For inexperienced traders, it's recommended not to trade news. That means 1-2hours before and after the news.
Trading Facts: ๐ก๐ What Is NFP ?
๐ NFP Stands For (Non-farm payroll)
NFP is always the first Friday of every Month @ 8:30 AM EST. The U.S. Bureau of Labor Statistics releases the numbers for new job creation in the US
The data includes all paid workers, excluding government employees, private households, non-profit organizations and the farming industry (thus the name).
Itโs a very important indicator for how well the US economy is doing. Major changes or releases that surprise their forecast lead to significant price movements and a lot of volatility. I will quickly explain you, how YOU can trade the NFP. But be careful, the market will be very volatile.
๐ In a nutshell
In every NFP there are three parts and news releases:
A) The NFP numbers: how many new jobs have been created/lost?
๐ The unemployment rate: what is the overall unemployment rate?
C) The hourly wages: how much workers are earning on average?
๐ How to trade?
The most important note - you never trade the actual number. 200k new jobs great, good or bad what matters the most, are the expectations of experts BEFORE the actual numbers are released. You trade peopleโs expectations and reactions to those numbers.
1) Is the actual number in A) higher than the forecast and previous -> USD will very likely rise.
2) Is the actual number lower than the forecast and previous -> USD will likely fall.
๐จ๐ฃ
Please be advised that you will see an immediate volatility spike, basically a very strong reaction to the release of the numbers and the price will later reverse once the majority of the market plays out
For inexperienced traders, it's recommended not to trade news. That means 1-2hours before and after the news.
Zoom Topic- Market Overview + Potential Bias ๐๐๐
Date : Saturday 01/30/2021๐
Time - 7pm Eastern time ๐
โGambling is luck, Trading is strategicโ
- London Boyz ๐งโ๐
Date : Saturday 01/30/2021๐
Time - 7pm Eastern time ๐
โGambling is luck, Trading is strategicโ
- London Boyz ๐งโ๐
London Boyz pinned ยซZoom Topic- Market Overview + Potential Bias ๐๐๐ Date : Saturday 01/30/2021๐ Time - 7pm Eastern time ๐ โGambling is luck, Trading is strategicโ - London Boyz ๐งโ๐ยป
๐Zoom Reminder ๐
Zoom Topic- Market Overview + Potential Bias ๐๐๐
Date : Saturday 01/30/2021๐
Time - 7pm Eastern time ๐
โGambling is luck, Trading is strategicโ
- London Boyz ๐งโ๐
Zoom Topic- Market Overview + Potential Bias ๐๐๐
Date : Saturday 01/30/2021๐
Time - 7pm Eastern time ๐
โGambling is luck, Trading is strategicโ
- London Boyz ๐งโ๐
https://us02web.zoom.us/j/86035364777 (Password: 911991)
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