The US NFP came and went last Friday and took all my early profits with it. And some of my capital too as the bulls took the day. I got thrown clean off the EUR/USD pair as I gambled (despite the rule against gambling in forex trade!) that the bears would carry the day after early predictions on US job numbers. Well, the predictions were wrong and I failed on the hills of those predictions. But today is another day!

The EUR/USD pair is currently capped by 1.0965 and 1.1017 but looks likley to drop down to 1.0903 before bouncing back up from there at the US ISM Non-manufacturing PMI later in the afternoon. This time I intend riding the bulls all the way up!


See you around
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