{"id":4780,"date":"2013-04-04T12:05:52","date_gmt":"2013-04-04T20:05:52","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4780"},"modified":"2014-09-15T05:21:27","modified_gmt":"2014-09-15T13:21:27","slug":"trading-levels-and-economic-reports-for-april-5-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-and-economic-reports-for-april-5-2013\/","title":{"rendered":"Trading Levels and Economic Reports for April 5, 2013"},"content":{"rendered":"

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Jump to a section in this post:<\/p>\n

1.\u00a0Market Commentary<\/a><\/strong>
\n2.\u00a0Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3.\u00a0Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4.\u00a0Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5.\u00a0Economic Reports for Friday April 5, 2013<\/a><\/strong>
\n<\/a>
\nHello Traders,<\/strong><\/p>\n

For 2013 I would like to wish all of you discipline and patience in your trading!\u00a0<\/em><\/p>\n

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Monthly unemployment report tomorrow or as we call it non farm payroll.<\/p>\n

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The report comes out at 7:30 AM central and is usually a market mover and increases volatility for the rest of the session.<\/p>\n

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 <\/p>\n\n\n\n\n\n\n\n\n\n
Source<\/td>\nBureau of Labor Statistics\u00a0(latest release)<\/td>\n<\/tr>\n
Measures<\/td>\nPercentage of the total work force that is unemployed and actively seeking employment during the previous month;<\/td>\n<\/tr>\n
Usual Effect<\/td>\nActual < Forecast = Good for currency;<\/td>\n<\/tr>\n
Frequency<\/td>\nReleased monthly, usually on the first Friday after the month ends;<\/td>\n<\/tr>\n
Next Release<\/td>\nMay 3, 2013<\/td>\n<\/tr>\n
Why Traders
\nCare<\/td>\n		Although it’s generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions;<\/td>\n<\/tr>\n
Also Called<\/td>\nJobless Rate;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\u00a0Also please like us on Facebook<\/a>!!<\/span><\/p>\n<\/div>\n

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\nGOOD TRADING!<\/strong><\/p>\n

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.<\/p>\n

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\"support<\/p>\n

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<\/a><\/p>\n

5. Economic Reports<\/strong><\/div>\n

source:http:\/\/www.forexfactory.com\/calendar.php<\/h3>\n

All times are Eastern time Zone (EST)<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n4:04pm<\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/tr>\n
FriApr 5<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\nRetail Sales m\/m<\/td>\n<\/td>\n<\/td>\n-0.3%<\/td>\n1.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nFinal GDP q\/q<\/td>\n<\/td>\n<\/td>\n-0.6%<\/td>\n-0.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n6:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman Factory Orders m\/m<\/td>\n<\/td>\n<\/td>\n1.2%<\/td>\n-2.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nNon-Farm Employment Change<\/td>\n<\/td>\n<\/td>\n198K<\/td>\n236K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nTrade Balance<\/td>\n<\/td>\n<\/td>\n-44.8B<\/td>\n-44.4B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nUnemployment Rate<\/td>\n<\/td>\n<\/td>\n7.7%<\/td>\n7.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nAverage Hourly Earnings m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:00pm<\/td>\nUSD<\/td>\n<\/td>\nConsumer Credit m\/m<\/td>\n<\/td>\n<\/td>\n15.5B<\/td>\n16.2B<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc<\/a>. Any statement of facts herein 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 judgment in trading<\/span><\/h3>\n","protected":false},"excerpt":{"rendered":"

  Jump to a section in this post: 1.\u00a0Market Commentary 2.\u00a0Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3.\u00a0Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4.\u00a0Support and Resistance Levels – Corn, Wheat, Beans, Silver 5.\u00a0Economic Reports for Friday April 5, 2013 Hello Traders, For 2013 I would […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[16,656,57,657],"class_list":["post-4780","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-futures-trading","tag-jobless-claims","tag-support-and-resistance","tag-unemployment-numbers"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=4780"}],"version-history":[{"count":6,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4780\/revisions"}],"predecessor-version":[{"id":4784,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4780\/revisions\/4784"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=4780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=4780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=4780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}