2 Steps to Trading the US Employment Report on Friday
2 Steps to Trading the US Employment Report on Friday
Learn to trade the “recession proof” market – the Currency (Forex) Market!
For instance, it’s been no secret that the number of unemployed in the U.S. is growing rapidly.
650,000 Job Losses Expected to be Reported on Friday!
This is also causing an enormous spike in the unemployment rate. See its chart below. Previously the unemployment rate had jumped up to a whopping 7.6%. However, on Friday this is expected to come in at 7.9%.
Learn how to Make Money from Fundamental Trends!
It’s extremely unfortunate what is happening in America. I bleed “red, white and blue”. However, I can’t change this fundamental trend in place. This will be up to forces that are much bigger than me: the government, the Fed, the Treasury, etc.
However, until they can get this turned around (and that will take some time), we can profit from the fundamental trend that has unfolded.
As economies have gotten hit hard in the U.S. and around the world, money has run to what it feels are “safe havens”. Since the dollar is the world’s reserve currency AND it had been beaten down for years, back to back…money ran there for shelter from this “economic storm” and that trend continues to this day.
For the last year, the rise of the dollar has been one of the few “upward trending” games in town, even when you look to just about every market out there: stocks, real estate, commodities, etc. In fact, it’s breaking out to new highs even now! How many financial instruments anywhere can boast that right now? Very few!
Sean Hyman
2 Steps to Trading the US Employment Report on Friday - To learn more about this author, visit Sean Hyman's Website.
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Your stocks are crashing and your real estate value is eroding all at the same time. Even commodities are tanking. These are some of the greatest ways Americans have accumulated wealth up until now. So what’s a trader or investor to do?
Learn to trade the “recession proof” market – the Currency (Forex) Market!
For instance, it’s been no secret that the number of unemployed in the U.S. is growing rapidly.
650,000 Job Losses Expected to be Reported on Friday!
This is also causing an enormous spike in the unemployment rate. See its chart below. Previously the unemployment rate had jumped up to a whopping 7.6%. However, on Friday this is expected to come in at 7.9%.
Learn how to Make Money from Fundamental Trends!
It’s extremely unfortunate what is happening in America. I bleed “red, white and blue”. However, I can’t change this fundamental trend in place. This will be up to forces that are much bigger than me: the government, the Fed, the Treasury, etc.
However, until they can get this turned around (and that will take some time), we can profit from the fundamental trend that has unfolded.
As economies have gotten hit hard in the U.S. and around the world, money has run to what it feels are “safe havens”. Since the dollar is the world’s reserve currency AND it had been beaten down for years, back to back…money ran there for shelter from this “economic storm” and that trend continues to this day.
For the last year, the rise of the dollar has been one of the few “upward trending” games in town, even when you look to just about every market out there: stocks, real estate, commodities, etc. In fact, it’s breaking out to new highs even now! How many financial instruments anywhere can boast that right now? Very few!
Sean Hyman
2 Steps to Trading the US Employment Report on Friday - To learn more about this author, visit Sean Hyman's Website.
Like this article? Share it with your friends
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