【Report】October 5 (Fri) Live Trade Broadcast for US Jobs Report on JFX and US Jobs Report Trade
Everyone, there is still a little NY time left, but thank you for the week of trading.
How did your trading results turn out?
The morning on-site rate trade was hot as the end of the long weekend approached, and today both buy and sell positions could be cleanly taken.
Today I’m on a familiar and beloved topic for feature phones: the U.S. non-farm payrolls. Remarkably, the feature phone appeared on JFX’s live payroll stats broadcast, which I usually watch during payroll releases.
Yoshihiko TV http://yoshihikotv.blog.fc2.com/
● JFX U.S. payroll live trading broadcast
And normally I listen on my PC screenYoshihiko TVListening to JFX President Kobayashi’s talk from the arena seats while plunging into the U.S. payroll release, non-farm payrolls came in at 134,000 vs the expected 185,000. The previous month was revised from 201,000 to 270,000, so overall it was roughly a break-even or slight positive outcome.
The current United States is near full employment, and the unemployment rate was expected at 3.8% but came in at 3.7%, better than forecast. However, the average hourly earnings, the focus of attention since the previous year, was expected to rise 0.3% and did so, but the prior month was revised down from 0.4% to 0.3%, making the overall result slightly negative. Considering recent strong U.S. economic performance, there was little room for selling pressure.
Trading for feature phones was overall against the trend, so during a brief pause in payroll trading, I planned to eat fresh udon, but the market wouldn’t allow it, leaving me in a defensive stance.
For that reason, U.S. payroll trading was rotated to buy, bringing me to a temporary turn to positive, but in the end I retreated or could not pivot, persisting with the buying rotation until the end, resulting in a loss of about 30,000 yen.
● That famous President Kobayashi’s scalping OK • USD/JPY 0.3 sen (principle fixed) – JFX
This year, thanks to a great fortune, my payroll trading record started strong: from the beginning of the year to last month, U.S. payroll trades were 9 wins, 8 losses, so I anticipated a loss (prepared myself), and the result ended negative, making this season 10 trades with 8 wins.
Despite many people watching, I’m sorry that today’s LIVE trading broadcast did not meet expectations.
Even so, thank you for the warm support during the live broadcast. I’d like to take this opportunity to express my gratitude.
There is still a little NY time left, so have a good weekend.
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