The chart below shows usdjpy reaction to the ADP employment report on Feb. 4. The report showed huge job losses but a little better than average estimates.
February 9, 2009
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Copyright (C): Davod Qasimi
Davod Qasimi's Trading Diaries
"He will win who knows when to fight and when not to fight."
"In war, the way is to avoid what is strong and to strike at what is weak."
"You can be sure of succeeding in your attacks if you only attack places which are undefended. You can ensure the safety of your defense if you only hold positions that cannot be attacked."
Sun Tzu – The Art of War
"In war, the way is to avoid what is strong and to strike at what is weak."
"You can be sure of succeeding in your attacks if you only attack places which are undefended. You can ensure the safety of your defense if you only hold positions that cannot be attacked."
Sun Tzu – The Art of War
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My name is Davod. I am a trader and analyst. continue…
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