Friday August 07 Non Farm Payrolls

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Today is critical for the equity markets as rumors abound about very weak figures for Non Farm Payrolls. Whether true or not, it’s always an opportunity to exeute some fast and ruthless scalps. You must be fully focused and give the trading your maximum attention, as you can get your fingers burnt easily. I always recommend a good 15 minute meditation prior too the event, quieten the mind and remove all ideas and pre conceptions. I use the ‘Fast Economic news‘ to enter the spike on a big deviation. Here is a video of last months NFP. Good Trades and stay alert.

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August 7th, 2009 | Tags: big trades, Intraday trading, news trading, non farm payrolls, Scalping | Category: Day Trading

6 comments to Friday August 07 Non Farm Payrolls

• University of Michigan Sentiment – Aug 14 Trade | Trading Consciously in the Now

  August 15, 2009 at 6:16 am

  [...] Friday August 07 Non Farm Payrolls Pages [...]

• Mike

  September 9, 2009 at 4:00 am

  Hi
  Thank you very much for a great blog!
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• admin

  September 9, 2009 at 4:24 am

  Thanks, will check it out. Cheers, Mark

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