Non Farm Payroll Report Out Tomorrow & Support and Resistance Levels 11.04.2021

November 4th, 2021 Filed under Day Trading, Future Trading News, futures trading education | Comment (0)

Dear Futures Trader,

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NFP – Non Farm Payroll report out tomorrow at 5:30 AM ( lucky us on the west coast….) or 8:30 AM Eastern time.

This is probably the most watched market report each month and a market mover across the board!

Do your homework, be ready and if in doubt, stay out….

From ForexFactory.com:

Source Bureau of Labor Statistics (latest release) Measures Change in the number of employed people during the previous month, excluding the farming industry; Usual Effect’ Actual’ greater than ‘Forecast’ is good for currency;

Frequency Released monthly, usually on the first Friday after the month ends; Next Release Dec 3, 2021

FF Notes This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts;

Why Traders

Care

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;

Also Called Non-Farm Payrolls, NFP, Employment Change;

Read more about Market Moving Reports here.

If you are looking for other reference material please contact your Cannon Broker for lists of solid, informative and helpful trading tomes

Good Trading

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

Futures Trading Levels

11-05-2021

Futures Support and resistance trading levels 11.05.2021

Economic Reports, source:

https://bettertrader.co/

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Monthly Non Farm Payroll Report Tomorrow Morning! 2.02.2018

February 1st, 2018 Filed under Future Trading News | Comment (0)

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Earnings Season is midway and we are noticing some good volatility
in Stock Index Futures.

Bitcoin futures went down as much as 15% today before bouncing and are now down approx. 8%

Monthly unemployment report tomorrow morning at 7:30 AM CST

This is a market moving report and will impact bonds, stocks, metals, currencies and other markets.

Daily chart of the US 30 year bonds market for your review below: