fx4_ever Posted January 7, 2011 Report Posted January 7, 2011 (edited) Hi: I am wondering if anyone trading from FX Fisherman New Forcast as reference. I heard from a friend that 70% + right on Economic Forcast, but I only heard this from 1 person. It said today's new will move Eur/Usd to go up and predicting rage is 80 pips. Wonder how to analyze these movement and direction. Anyone has info? Edited January 7, 2011 by fx4_ever
⭐ musketeer Posted January 7, 2011 Report Posted January 7, 2011 Pre news sentiment and street talk have this report coming in better than expected, so the bigger surprise and preferred trade would be for it to come in at less than expected. I do think that it will be that surprise... about FXFisherman - tried it years ago... have no memories about - so that mean these 70% were 10% perhaps... :)
⭐ musketeer Posted January 7, 2011 Report Posted January 7, 2011 (edited) here is the two way report :) good for short usd pre-news and get long on it.... it is just a misled.... :) NFP is 103 with 155 forecasting, so -52k. but previous revised with +32, so net the difference is -20k and unemployment rate is +0.3% !!! a way more than the difference in NFP... Edited January 7, 2011 by musketeer
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