To be honest,
I am not really motivated this month to trade... Still feeling beaten from last month...so much work and nothing to show..ugh...
But that's life.
Greed got the better of me.
Won some prizes and I LoST IT ALL! mostly on the NFP News last month....Meh...
So i deleted my sign in info! For this year collect as many prizes and email support for sign in info next year!
That was the purpose of this blog, so yeah...

But lets look at the performance:
The peso is at this moment down.
I set a target @ 19.00.
The last time we saw that was march 29, if I'm correct.
And on April4 it flirted with me reaching 18.94.
Bad gitl! you only go so high!
Looking at the Daily chart, there is a down trend...
In forex you should not use the word "hope" but I HOPE IT GOES MY WAY BEFORE IT HIT SL!
Wake up Bulls!

The First trade of the Yen hit target: 111.
After last night news of US bombing Syria, it fell. I took the chance for a Buy again with target @ 111.
Almost hit TP this morning, just a few pips away...
Then we had the mixed USD data: NFP worse then expectations. Unemployment rate better.
Overall I am Bullish on this pair, but the Syria situation and the trump-china meeting is having me worried.
When I'm home i'm closing these trades manually, because I do not know what geo-political stuff will happen in the weekend.
Closing it before it goes bad!

I sold the EUR/AUD and bought the AUD/USD. Counted on temporary strenght of the AUD, a reversal to the upside for some small profits.
But hasn't worked out..yet...(at moment of writing)

My opinion onthe NFP's:
I dont expect big numbers from the NFP anymore.
As employment declines, so will new jobs.
If Unemployment increases and new jobs decreases, then the USD Bears will have a good run.
I mean how many new jobs can you create if you don't have people to fill the positions?
Lower NFP, Declining or same unempoloyment rate.

Have a great weekend!
Peace!
الترجمة الى الانجليزية اظهار الاصلي