Trading2ez

Non-Farm-Payrolls: YOUR Preparation and ENTRYS!#TRADEPLAN

FX:EURUSD   Euro / U.S. Dollar
Hey tradomaniacs,

welcome to a quick video for your NON-FARM-PAYROLL preparation.


PRICE-LEVELS:

Statistical edge: Short

Short-Area at 1,10274
Long-Area at 1,10539 or 1,10879


NOTE THIS PLEASE:

Fundamentally, these NFP`s can be very tricky for the market to interpret!

The market is currently driven by news regarding to the tradewar, brexit and monetary policy of the FED.
The rally of this year, especially in the USA is just based on hope....this is why the market reacts with volatility whenever news about the tradewar appears.

So what is the market hoping for?

1. First of all, the market hopes that Trump and Xi Jinping will finally find a deal to end this tradewar.

This is why every tweet from Trump causes huge moves at the market.
The market seems to believe that the current globale cool-down is mainly caused by the tradewar and its consequences.

2. FED`s monetary policy

The market priced in further interest-rate-cuts by the FED in order to provide the market more liquidity (100% in september).
This would boost the economy and would be a play into Trumps hands because he could keep increase the pressure in terms of tradewar-talks.


As you can see: BAD NEWS can be GOOD NEWS and vice versa.

If we get to see a good result, the FED would have less reasons to cut the interest-rates -> Dollar could go up -> Hope of market for further rate-cuts is gone!
If the get to see a bad result, the FED would have more reasons to cut the interest-rates -> Dollar could go down -Y Hope of market for further rate-cuts confirmed!


The questions is: What will prevail?

The reality, in other words the economic datas? Or the hope?

If you newstrade, don`t get fooled by GREEN and RED digits here.
Bad news can be good and good news be bad. ;-)

More importantly I expect the market to wait for Jerome Powells speech after the NFP`s.

THE MARKET WANTS RATE-CUTS.


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Peace and good trades
Irasor


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