Preparing for
the September Payrolls
The stage has certainly been set for the September Non-Farm
Employment Change report, scheduled for release on Friday,
October 5th at 08:30 EST. After the first contraction in 4 years
last month we take a look at how traders might prepare for the
data.
Relative Strength - Not to
be Confused With the RSI
Relative Strength sits somewhere in the overlap between technical and fundamental
analysis but is not to be confused with the Relative Strength Index (RSI). Read
about it here.
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A note of caution:
The Foreign Exchange Market (also knows as Forex, FX, Spot FX,
Spot, Currency, Currency Exchange) is the World’s largest
financial market. The average daily volume of US $2 Trillion
is often touted as the perfect reason why Forex Trading will
make you rich. In reality its characteristics are completely
unique from the stock market making it an entirely different
animal. However, few people realise this and the fact that being
successful in this market requires a commitment to your forex
education.