Results for fridays
1 articles with this tag name
  • ADP Shocks the Market
    ADP Employer Services gauge showed a shocking -693K contraction in employment versus estimates of -495K in job losses. The news sent the dollar tumbling against euro with the pair hitting 1.3737 in post release trade. The ADP figures confirmed the dollar bears worst nightmare nearly hitting the -700K barrier suggesting that the US labor situation has deteriorated significantly over the past month.

TRADE IDEAS

  • Trades to Watch
  • Trades in Progress
currency trade idea
AUD/USD
Medium term



 Buy Buy at 1.0755
Stop at 1.0681
Target at 1.0834
currency trade idea
GBP/CHF
Medium term
Opened 2/8/2012
 Sell Short from 1.4470
Stop at 1.4602
Target at 1.4352
AUD/CAD
Medium term
Opened 2/6/2012
 Buy Long from 1.0740
Stop at 1.0655
Target at 1.085
USD/CAD
Medium term
Opened 1/31/2012
 Sell Short from 0.9990
Stop at 1.0005
Target at 0.9905
These are hypothetical trades and should not be relied upon as a substitute for independent research.

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