NON FARM ( - ) 80,000 ignored by markets

NON FARM number was way lower then market expectations and seemed built in as Stock markets mostly ignored the number and stayed in positive territory, except at the end of day when they turned lower, ending the day almost neutral.

2nd Trade: EUR JPY SHORT
Apr 2. 2008 11.32 AM
OPEN:: 160.57 1 Lot
Apr 3, 2008 8.21 AM
CLOSE:: 159.488

PIPS:: 100.74

3nd Trade: EUR JPY LONG
Apr 2, 2008 9.52 PM
OPEN:: 160.286
Apr 2, 2008 11.54 PM
CLOSE:: 160.593 LIMIT

PIPS:: 29.88

4th Trade: EUR USD SHORT
Apr 3, 2008 7.38 AM
OPEN:: 1.55231
Apr 4, 2008 2.39
CLOSE:: 1.5709 STOPPED OUT

PIPS:: ( - ) 186.55

5th Trade: EUR USD SHORT
Apr 3, 2008 4.19 PM
OPEN:: 1.56825 3 Lots
Apr 3, 2008 8.06 PM
CLOSE:: 1.56460

PIPS:: 109.50

6th Trade: EUR YEN SHORT
Apr 4, 2008 7.58 Am
OPEN:: 160.900
Apr 4, 2008 9.58 AM
CLOSE:: 159.992

PIPS:: 89.31

7th Trade: EUR USD SHORT
Apr 4, 2008 2.59 PM
OPEN:: 1.57320
CLOSE:: STILL OPEN


Total PIPS ( since start ):: 223.48

Happy Trading

Harry

USD has turned the corner seems !!!!

We will start posting FOREX trades, just like our trades in Stock Options blog: http://www.myoptiontrades.com/

1st Trade: EUR USD LONG
Apr 2, 2008 7.32 AM
OPEN:: 1.55859 1 Lot
Apr 2, 2008 12.08 PM
CLOSE:: EUR USD 1.56665

PIPS:: 80.60
Total Pips:: 80.60

2nd Trade: EUR JPY SHORT
Apr 2. 2008 11.32 AM
OPEN:: 160.57 1 Lot
CLOSE:: Still Open

3rd Trade: EUR USD SHORT
Apr 3, 2008 7.38 AM
OPEN:: 1.55231
CLOSE:: Still Open

Forex Market seems at a crucial turning point. EUR JPY has been very closely correlated with US Stock markets and this could be crucial.

Stay awake and watch your trades.

Have a great day.

Harry