Forex Signal (Wed May 4 2011, 8:15am NY Time EST) – US ADP Non-Farm Employment Change

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it’s own estimate for the private sectors of NFP (Nonfarm Payroll). This is a high impact release and it’s followed by currency traders as they look for hints on Friday’s NFP official release. Here’s the forecast: 8:15am NY Time US ADP NFP Change Forecast 200K Previous 201K ACTION: 250K BUY USDJPY / 150K BUY EURUSD The Trade Plan I … [Read more...]

Sive Morten

Good morning, Market has obvious bullish bias currently, but stands near resistance. So it's better to wait some pullback to enter Long. ForexPeaceArmy | Sive Morten EURUSD Daily 03.22.11 Close You need to upgrade your Flash Player … [Read more...]