Global markets and forex pairs are going through the standard procedure ahead of the first Friday of each month, in anticipation of the much-maligned Non-Farm Payroll employment report from the U.S.
The survey is made up of huge swaths of guesswork and statistical conjuring that crafts a release that although inconsistent draws the attention of global markets, and impacts trade for the following months.
The wild swing towards an expected read of +400K just four weeks ago to an expected read of -130K this month is something that the markets will have to absorb in very quick time, and also reveals the flaws in the report.
As from Jun 01 10 the signals posted to clients each day will be inclusive of any Trade Plan that the trade team sees as having the potential to move.
TheLFB Signal output to clients has been registered with MyFXBook (detail below) so that clients can track and monitor movement in real time.
The daily flow of Signals cover six major pairs, plus Eur/Jpy and Gbp/Jpy. They are generated each day in response to specific global market set-ups that follow the ebbs and flows of each 24 hour global trading period. Signals come with guidelines and email updates.
Trade Signals and Trade Plans are professionally formatted for member and trade desk use, they are designed for all skill set levels to provide a structure to start the global market trading day.