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Non Farm Payroll Webinar – TradingMetro

Posted on 29. Apr, 2009 by Jakob.

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Last month I attended the Non Farm Payroll webinar over at TradingMetro, and it didn’t go exactly as planned. However things like these happen and you can’t blame TradingMetro for this. As the beginning of the last webinar was interesting, I would expect that the rest would have been just as good. So I will give Samuel Araki and the other guys from TradingMetro another short, when they host their next free Non Farm Payroll webinar, May 8th. I am looking forward to this event. NFP days are always kind of crazy, and it is always interesting to get different perspectives on how this could be traded. The webinar is free, so why not go and sign up now.

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Reviewing the Non-Farm Payroll Webinar from TradingMetro

Posted on 06. Apr, 2009 by Jakob.

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As I wrote a few days ago, I had signed up for the TradingMetro webinar for the Non-Farm Payroll last Friday April 3rd. Everything started out well, half an hour before the actual news. I logged in, and this guy who was going to take us through the event, started off, explaining some fundamental aspects, in order to give us a better understanding of the current market. This was interesting, and well explained. As we got closer to the news release, things started going downhill. Three minutes before the numbers was to be released, the guy from TradingMetro (whose name I forgot), apparently lost his entire internet connection. So this other guy from TradingMetro started speaking, telling us, what was happening. Of course, the second guy was really unprepared for this (which is understandable), hence he did not give much valuable information throughout the remaining part of the event. Apparently he didn’t have any news feed, so we got the actual numbers from another person who was attending the webinar, a few minutes after they were released. We were mostly told to simply stay out of the market, which, in my mind was a good call, since many pairs was just whipsawing up and down for a long time. However the entire thing was rather disappointing and I feel really bad for TradingMetro, as they have just started their page a few days ago, and this was probably not the best way to start off. However, it seems typical that losing an internet connection should happen around Non-Farm Payroll release. I mean, everything else seems to slow down around this release, Oanda is always acting weird, forexfactory is inaccessible due to too many people trying to reach the page, charts are exploding, chat rooms are booming with messages faster than it is possible for you to scroll the mouse up and down, etc.
Overall, the webinar was not very successful, but there is a good and valid reason behind it. The first part of the webinar was interesting, and I am sure that if everything had played out the way it should, it would have been a success. If TradingMetro is running the same event next month, I will definitely give them a second chance. Now if any of you guys was at the Fxstreet webinar, please share your thoughts on this.

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Non-Farm Payroll Webinar

Posted on 03. Apr, 2009 by Jakob.

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Alright guys, it is the first Friday of the month, and you know what that means. Non-Farm Payroll numbers will be released in about one hour. This is one of the best trading possibilities for Forex traders, to capitalize from the market. However, trading this event can be tough call, specially if you are new to the forex market. Luckily, there is a possibility to get help from skilled traders, in order to make the best of it. I am aware of two webinars today, which you can join for free. The first one, is from TradingMetro, which you can join here. The second one is from Fxstreet, and you can join in here. I have never tried any of the two services before, but today I have signed up for the webinar from TradingMetro. I look forward to see how this plays out. I know this information is coming a bit late, but I hope there is room enough for you guys, if you decide to join any of these two. If any of you will be joining FXstreets webinar, please come and share your experience. Good luck to all of you.

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Trading the U.S. Non-Farm Payroll

Posted on 06. Feb, 2009 by Jakob.

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It is the first Friday of the month and that means that the U.S Non-Farm Payroll numbers are coming out. This is usually one of the biggest events for forex traders, as this often causes the market to move radically. The number measures the change in number of employed people during the previous month, excluding the farming industry. At forexfactory they have a calendar describing the event, as well as the number which came out last time, the expected number coming out today, and the actual number when it is released. However, you cannot use forexfactory, for spike trading, as they simply are too slow. You will need some kind of news service, in order to get the numbers, the second they are coming out. Furthermore, forexfactory tends to be overloaded with visitors at days like these, making the page even slower. Read more... (286 words, estimated 1:09 mins reading time)

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