January 10, 2020 (Friday) Mid-rate and Gotō-day Trade × U.S. Employment Statistics Trade Report
Everyone, it’s a bit early, but thank you for your hard work during this past week of trading.
How did your trading results look?
Today is the year’s last day, a strong suit for flip phones? and, beloved, the Narabi-ne Trading Day and the Gotō Day, along with the U.S. Employment Statistics, were all lined up.
The Narabi-ne (onshore) trade is on the exact Gotō day, the Friday before a three-day weekend, a super Narabi-ne trade day. For long positions, I built positions in small increments from just after 3:00 the previous day, gradually taking profits and thinning out, then added more from 8:00 in the morning, and in the last 30 minutes fired off a few extra shots to settle at 9:51 for a clean take.
As for shorts, the market seemed to drop off a cliff at around 9:52, so I couldn’t enter then, but by around 10:50 and around 11:00 I built shorts and managed to take profits cleanly by 11:30.
● Narabi-ne Trade Monster (DVD)
In the evening, it was the beloved employment statistics for flip phones, something that makes the month feel incomplete without it.
For flip phones, at the time of the monthly U.S. employment statistics,Yoshihiko TVI gratefully listen to it every month, and it is a great help.
JFX U.S. Employment Statistics LIVE!: https://www.youtube.com/embed/lELsQQGvdOg
AndYoshihiko TVas I watched, the U.S. nonfarm payrolls came in at an actual 145,000 against an expected 164,000, negative, and the previous month was revised down from 266,000 to 256,000 after last month’s surprise positive result, making it a negative-to-slightly-negative outcome.
The United States is near full employment, but the unemployment rate, forecast at 3.5%, came in at 3.5% and was neutral.
As for the average hourly earnings, which has drawn attention since the good times in the U.S. economy began, the forecast was 0.3% but the result was 0.1%, negative, though the previous month went from 0.2% to 0.3%, slightly positive.
Overall, the U.S. employment data was negative; however, the Canadian employment data released at the same time showed employment positive but unemployment negative, and Australia’s Retail Sales this morning was positive. As a result, for this employment statistics trade, I did not trade USD/JPY or EUR/USD, but traded USD/CAD and AUD/USD, then added USD/JPY toward the London close. I rotated between selling and buying USD/CAD and AUD/USD in a hybrid, initially starting well, but mid-way faced bias confusion between selling and buying, which was quite tough. In the latter part, I closed positions, took a profit of plus, and used the drop from the USD/JPY NY option cut to the London fix to recover and balance out, ending in a narrow win with a small positive profit.
As a result, this year’s first U.S. employment statistics trade ended with a good start: 1 win, 0 losses (0 no-trade).
From this year, to aim even higher, I plan to keep weekly records of my profits and losses as a memo.
This week, perhaps because I drew a great fortune on New Year’s omikuji, I started off reasonably well, with no daily losses, and finished with a profit of +1,530,000.
There is still a little NY time left, so please have a good three-day weekend.
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