October 8, 2010, US Non-Farm Payrolls

972 views · Published 11 October 2010 · 3:26 · Indexed 23 September 2026

Channel: Market Traders Daily · 2010 · Howto & Style

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For the US Non-Farm Payrolls on October 8, 2010, we were looking to sell the EURJPY if the number came out at least 65k worse than expected. The actual number came out 90k worse than expected, so it met our safe sell trigger and we entered a trade. After a quick 40-50 pip spike in the correct direction, the EURJPY came back up as a result of some other data and we had traders report profits of up to 32 pips on this trade.

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