The following will be a big market mover if there if the figures come in different to consensus - the middle figure is concencus....this will be at 16h30 local time May 04 08:30 Nonfarm Payrolls Apr 115K 100K 180k May 04 08:30 Unemployment Rate Apr 4.5% 4.5% 4.4% May 04 08:30 Hourly Earnings Apr 0.4% 0.3% 0.3% May 04 08:30 Average Workweek Apr 33.8 33.8 33.9
they predict the consensus. This is a classic "trade the price" moment. Don't try and decide what the data will be and enter in advance, because your view will be clouded by your overall bias. So we wait for the data and respond to what happens (if anything).
chartist, did you ever discuss the 1 2 3 in more detail? last i saw sometime last week you mentioned you were waiting for a "realtime" example you were going to use to illustrate. or something to that effect. did i miss the eventual post?