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DAY 3 - NON-FARM PAYROLL REVIEW

alifari Posted 3 Dec.  in #Trader's blog #Non Farm Payroll #Review
November non-farm payroll employment increased by 178,000 and the numbers were better in last four months. The unemployment rate declined to 4.6 percent, but despite lack luster numbers US Dollar failed to gain against other major currencies mainly due to decline in average hourly earnings. As such the next FOMC interest rate news event would be interesting and may bring plenty of opportunities to score big time.
In the meantime, in coming week plenty of volatility is expected next week, as we h…
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DAY 3 - WEEKLY REVIEW OF TRADES

alifari Updated 3 Sep.  in #Trader's blog #Trades #Weekly #Review
Although I prefer to spend quality time with friends and family on weekends. In recent times, I take out couple of hours on Saturday's and made a habit of reviewing and replaying recording of trades made during the week with a focus on:
1) What you missed and specifically why
2) What you did well and how you can do more of it
3) What you did badly and how you can prevent it happening again and also whether you can turn it to your advantage by doing the opposite
There is zero chance any trader ev…
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DAY 11 - JUNE 7TH 2016 - COMMITMENT OF TRADERS REVIEW

alifari Posted 11 June  in #Trader's blog #Review #Cot Report
Recent COT Report indicates speculators heavily sold Sterling & Euro and bought Yen & New Zealand Dollar instead. Yen is considered a safe haven currency and under current circumstances it is logical to see such surge in Yen buying. Moreover there was also lot of demand for US 10 Year Treasury Futures, which indicate that traders sentiment is shifting towards risk aversion.
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DAY 30 - FINAL REVIEW OF MONTHLY PERFORMANCE

alifari Posted 30 Apr.  in #Trader's blog #Final #Review #Performance #Monthly
It's been an eventful trading month for me after a long time. Final Equity was US$ 309,274 with maximum drawdown of 4% which indicate that entry on most of my trades were spot on and as a result trades suffered minimum drawdown.
My goal this week was to get into Top 10 but missed couple of good trade levels and had to settle for 13th Place.
Now it's time to relax, re-energize and spend some quality time with family and start new trading month with more focus & discipline.
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DAY 2 - NFP REVIEW

alifari Posted 2 July  in #Trader's blog #Nfp #Review
Price volatility and trading range after NFP news event was somewhat low in USD pairs, as compare to normal NFP volatility, which indicates that that investors are laser focused on this weekend’s Greek referendum.
U.S. companies added 223,000 jobs in the month of June, pushing the unemployment rate down to 5.3%. While encouraging this improvement in the jobless rate also reflects a sharp decline in participation. The labor force participation rate fell to 62.6%, the lowest level since 1977 while…
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DAY 5 - NFP REVIEW

alifari Updated 5 June  in #Trader's blog #Nfp #Review
US Dollar gained against majority of currencies in last couple of days and today's lackluster NFP numbers would once again help ease concerns about the health of US economy after first quarter GDP shown contraction.
There was news on the wire that IMF urged Fed's not to increase rates this year and as such next FOMC meeting on June 17th would be of utmost importance as to gauge prospects of future interest rate hike.
I am expecting USD to strengthen against other major currencies in next few day…
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1 Comments
Stix avatar
Stix 6 June

I agree... One step at a time. Thanks ! :) :)

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DAY 3 - NFP REVIEW

alifari Updated 3 Apr.  in #Trader's blog #Nfp #Review
The Non-farm payroll employment increased by just 126,000 in March, as employers in US added fewest workers since December 2013. The unemployment rate was unchanged at 5.5 percent and the number of unemployed persons was little changed at 8.6 million.
What's interesting is almost every economist at major banks were way off in their forecast expectations versus actual numbers. See below:
1) Morgan Stanley: 195k
2) Goldman:220k
3) SEB: 240k
4) Deutsche Bank: 225k
5) ING: 240k
6) BNPP:260k
7) Cred…
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DAY 6 - NFP REVIEW

alifari Posted 6 Feb.  in #Trader's blog #Nfp #Review
US job numbers continues to impress as January employment rose by 257,000 beating forecast expectations of 228,000. Moreover, average hourly earnings also shown improvement as it increased 0.5% on m/m basis. Since start of this week we have seen USD losing ground against Euro & GBP however after this positive data I am expecting USD strength to prevail in coming days.
From technical perspective EURUSD could retest 1.1100 level or even drop further towards 110.00 level. On the upside 1.1550 to 1.…
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Panzer 7 Feb.

Perfect comment !!!

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DAY 12 - TRADES REVIEW

alifari Posted 12 Nov.  in #Trader's blog #Trades #Review #Day 12
Total four trades triggered today, out of which two trades are closed and other two are still running. Here are summary of closed trades.
1) EURNZD: Entered sell limit order based on H1 supply zone. There was instant reaction from the zone and price hit my take profit target. Trade Result 3.18R
2) GBPNZD: Entered buy limit order based on H1 demand zone with daily confluence. But there was no reaction at the zone and price hit my stop loss. Trade Result -1.00R.
EURUSD & EURNZD buy limit trades ar…
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MobNaga 16 Nov.

thanks

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DAY 10 - TRADES REVIEW

alifari Posted 10 Nov.  in #Trader's blog #Trades #Review #Day 10
Quote: "One important key to success is self-confidence. An important key to self-confidence is preparation" - Arthur Ashe

Total three trades triggered today, two winners and one breakeven. Was able to recover some losses from last week and current equity stands at $91,000.
1) NZDUSD: Entered trade based on M30 supply zone and price hit my take profit target instantly. Trade result +0.80R.
2) EURUSD: Entered trade based on instant retest of M30 demand zone. Price didn't quite reacted the the de…
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