<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Online Trading Currency - How to Trade Forex &#187; bullish currency</title>
	<atom:link href="http://www.forexjinx.com/tag/bullish-currency/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.forexjinx.com</link>
	<description></description>
	<lastBuildDate>Tue, 06 Apr 2010 03:33:17 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0</generator>
		<item>
		<title>The Positive Results Of Non Farm PayRoll</title>
		<link>http://www.forexjinx.com/the-positive-results-of-non-farm-payroll/</link>
		<comments>http://www.forexjinx.com/the-positive-results-of-non-farm-payroll/#comments</comments>
		<pubDate>Thu, 10 Dec 2009 07:15:43 +0000</pubDate>
		<dc:creator>ikini</dc:creator>
				<category><![CDATA[currency trading strategy]]></category>
		<category><![CDATA[bullish currency]]></category>
		<category><![CDATA[non farm pay roll]]></category>
		<category><![CDATA[trading news]]></category>

		<guid isPermaLink="false">http://www.forexjinx.com/?p=33</guid>
		<description><![CDATA[I wasn&#8217;t really following the chart last, the week of the Non farm payroll of Dec 2009. Most of the currency pairs had a big reversal candle i.e a pin bar, in the previous week. The biggest was in GBP-JPY. So before the announcement of the non-farm payroll values, the currencies were either bullish or [...]]]></description>
			<content:encoded><![CDATA[<p>I wasn&#8217;t really following the chart last, the week of the Non farm payroll of Dec 2009. Most of the currency pairs had a big reversal candle i.e a pin bar, in the previous week. The biggest was in GBP-JPY. So before the announcement of the non-farm payroll values, the currencies were either bullish or bearish, depending on the pin bar that formed. For the GBPJPY, it was already bullish that week.</p>
<p>The NFP (non-farm payroll) showed the the unemployment rate decreased in America. It went from 10.2% to 10%. This is dollar bullish. Since the values of the NFP were positive, GBPJPY went higher. The market never lies. I believe it already had a hint that the NFP would be bullish, that was why it showed a daily pin bar in the previous week.</p>
<p>For now, GBPJPY has almost given back what it gained. It is down. this is a chart of it now.</p>
<p><span id="more-33"></span></p>
<p style="text-align: center;"><a href="http://www.forexjinx.com/wp-content/uploads/2009/12/GBPJPY-10-Dec-2009.jpg"><img class="aligncenter size-full wp-image-34" title="GBPJPY 10 Dec 2009" src="http://www.forexjinx.com/wp-content/uploads/2009/12/GBPJPY-10-Dec-2009.jpg" alt="GBPJPY 10 Dec 2009" width="432" height="312" /></a></p>
<p style="text-align: left;">At the time of this posting,  the currency is going up. It might fall. I think GJ is bullish. There is a gap. Click on the map to see the circle where i said gap. In forex, most gaps are usually filled.</p>
<p style="text-align: left;">If I am trading this, I would have bought at 142.48 and put a close or stop loss at 10 pips below the red line. 142.00. This is also a psychological point because of the double zero digits. Since the pair would likely close the gap, I expect to close this trade at 147.11. This means that this is more than a 450 pips trade. Well, this is all theory. Forex is unpredicatable.  Anything can happen while you are engaging in <a href="http://www.forexjinx.com/">online trading</a>. The best thing is always to lock some profit, so if anything happens, you can say you made some money.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.forexjinx.com/the-positive-results-of-non-farm-payroll/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
