Great, great, great.
Low so far on cable: 1,9302.
I knew it !
The number is insane. No effect on the labor market whatsoever ! Next year is going to be a warm year thus less oil needed thus less inflation thus lesser interest rates BUT reasonably strong economy.
We will see the Dollar weakening no question and we will see the Fed on hold with interest rates no question BUT I highly doubt that we see Cable hitting 2 if the US economy contiues to do like that right now.
I am sorry, I am so excited but this number is very good news especially for us Europeans.
Have FUN !
what a nice today..., isn't it....?
It was hard not to make some pips from that news ( and also the USD CAD news )
I sold cable 1.9373 sl 1.9373 tp 1.9140 closed 50% of my postion at +50 pips
Have Fun !!
I hope I do not bore you !
Total Employment and the Labor Force (Household Survey Data)
In December, both total employment, at 145.9 million, and the employment-
population ratio, at 63.4 percent, were little changed. Over the year, total
employment grew by 3.1 million and the employment-population ratio rose by 0.6
percentage point. The civilian labor force edged up in December to 152.8 million.
The labor force participation rate, at 66.4 percent, was little changed over the
month, but the rate was 0.4 percentage point higher than a year earlier. (See
Persons Not in the Labor Force (Household Survey Data)
About 1.3 million persons (not seasonally adjusted) were marginally attached
to the labor force in December, 337,000 fewer than a year earlier. These indi-
viduals wanted and were available for work and had looked for a job sometime
in the prior 12 months. They were not counted as unemployed because they had
not searched for work in the 4 weeks preceding the survey. Among the marginally
attached, there were 274,000 discouraged workers in December, down from 451,000
a year earlier. Discouraged workers were not currently looking for work specifi-
cally because they believed no jobs were available for them. The other 978,000
persons marginally attached to the labor force in December had not searched for
work in the 4 weeks preceding the survey for reasons such as school attendance or
family responsibilities. (See table A-13.)
Industry Payroll Employment (Establishment Survey Data)
Total nonfarm payroll employment increased by 167,000 in December to 136.2
million, following increases of 86,000 in October and 154,000 in November (as
revised). Over the year, payroll employment rose by 1.8 million. In December,
employment growth continued in several service-providing industries. Employment
in construction was about unchanged over the month, and the number of manufac-
turing jobs continued to trend downward. (See table B-1.)
Professional and business services employment continued to expand in December
with a gain of 50,000. Job gains occurred in services to buildings and dwellings
(13,000) and in management and technical consulting services (7,000). Employment
continued to trend up in architectural and engineering services and in computer
systems design and related services. Temporary help services employment was
little changed over the month and over the year.
Health care added 31,000 jobs in December. Employment rose in ambulatory
health care services (14,000), hospitals (11,000), and nursing and residential
care facilities (7,000). Over the year, health care employment increased by
324,000, with gains spread throughout the component industries.
Job growth continued in food services and drinking places (23,000) in December.
In the past 12 months, food services added 304,000 jobs, accounting for most of the
over-the-year increase in leisure and hospitality employment.
- 4 -
In financial activities, commercial banking added 5,000 jobs in December.
Employment in financial activities was up by 153,000 over the year; job gains
occurred in insurance (46,000) and in credit intermediation (62,000), which
includes commercial banking.
Employment in transportation and warehousing continued to trend up in December.
Over the year, the industry added 106,000 jobs. Telecommunications employment was
up by 6,000 in December; over the year, however, employment in the industry was es-
Employment in retail trade was little changed over the month after rising by
39,000 in November. Building and garden supply stores lost 8,000 jobs in December.
Over the year, retail trade employment edged down.
In the goods-producing sector, employment in mining continued to trend up in
December. Job gains in the industry averaged 4,000 per month in 2006.
Employment in construction was about unchanged in December following losses
in October and November that totaled 53,000. After increasing by 295,000 in 2005,
construction employment was little changed in 2006. Over the year, gains in non-
residential speciality trades and in heavy construction were largely offset by a
decline in residential specialty trades.
Manufacturing employment continued to trend down over the month with declines
in motor vehicles and parts (-5,000), primary metals (-3,000), and textile mills
(-2,000). Over the year, manufacturing employment fell by 72,000 with declines
widespread throughout the component industries.
Weekly Hours (Establishment Survey Data)
The average workweek for production and nonsupervisory workers on private
nonfarm payrolls remained at 33.9 hours in December. Weekly hours for factory
workers were unchanged at 41.0 hours while overtime increased by 0.1 hour to 4.3
hours. (See table B-2.)
The index of aggregate weekly hours of production and nonsupervisory workers
increased by 0.2 percent in December to 105.9 (2002=100). The manufacturing
index fell by 0.1 percent to 95.2. (See table B-5.)
Hourly and Weekly Earnings (Establishment Survey Data)
Average hourly earnings of production and nonsupervisory workers on private
nonfarm payrolls increased by 8 cents, or 0.5 percent, in December to $17.04.
Average weekly earnings also rose by 0.5 percent, to $577.66. Over the year,
hourly earnings were up 4.2 percent, while weekly earnings were up 4.5 percent.
(See table B-3.)
The most important facts
Nina... I knew you could break the stone...Congrats..~
Have a nice pips mates
For Today NFP...is there any signal generated by your system before the NFP news ?
Forex Indicators Collection
It is smart to close all your positions before NFP; except when you are in profit. If you are - I was already short on cable from 1,9425 - I placed my stop and reverse at 1,9415. It was trading at 1,9390. 14:00cet closed at 1,9400. 14:30cet bar opened at 1,9402 and went down with fury. It made a low at 1,9387. That is +128 pips. I closed half at 1,9304 ( +121 pips) and the other half at 1,9315 ( +110 pips).
BTW, I have a brand new account at OANDA. I have it in order to make experiments. I want to tell you something I think is UNACCEPTABLE.
I had a limit sell on cable at 1,9344. Do you know at what price I was filled?
So, a slippage of 20 pips.
And I do not know the spread at 14:30cet, cause my main broker is not OANDA. But I've seen the spread on cable at 15 pips. Amazing.
I'm really happy you have overcome that nasty situation you told me a few months ago. I feel happy, really.
The key level here, my friend, - I posted that - was 1,2273on USDCHF.
When I post a level and I say is "key", my Indonesian friend, is almost guaranteed that you will see 98% of the time what I say.
A lot of friends here have suggested me to open a chat room to give my live calls and get paid for it. Well, everything has its time. And the time for the chat room has not arrived yet.