monthly unemployment

monthly unemployment

Monthly Unemployment & Economic Reports 12.05.2014

December 4th, 2014 Filed under Future Trading News, Futures Trading | Comment (0)

Hello Traders,

For 2014 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

Due tomorrow at 8:30AM Eastern are Monthly Unemployment numbers (AKA non farm payroll).  It is important for one to keep a trading journal for these type of reports and events to reflect and remind yourself on how the future markets behave during different situations, events and reports. The point of the story is that keeping a trading journal has MANY ADVANTAGES…. and I highly recommend it.

I keep notes on the following:

  • Different methods I test
  • Market behavior during different economic reports
  • Things I did well, mental state of mind
  • Mistakes I have made, the reasons I did and how I can try to avoid these mistakes
  • Different indicators, chart settings, ideas I read about
  • Different codes I created for my charts
  • Much more…

Many times the journal will help me put closure on a bad day but more so it helps keep track of work I have done so I don’t have to do it again.

Try it. It is not easy, especially after bad days….it takes time, energy and consistency – just like trading. I keep mine on a word doc so I can easily access it (plus my hand writing is terrible). Hope this tip helps and wishing you good trading!

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Trading Levels and Reports for January 4, 2013

January 3rd, 2013 Filed under Future Trading News | Comments Off on Trading Levels and Reports for January 4, 2013


Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday January 4, 2012


Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!


Volatile session with average volume as some traders are still out.


Monthly unemployment report tomorrow! Be aware as this is a market moving event.
The gap open on Wednesday morning “needs to be filled” so we may see some more pressure down but over all I think the market is still strong so my output for swing or medium term trades is wait for lower prices to buy call options ( to “fill the gap” we need to see the market at 1425).
As far as day-trading, there are many ways and techniques to lose…and make money. I think the main factor for most daytraders is money management and discipline.


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