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Technical levels to eye in the EURUSD through the employment report

Discussion in 'Technical Analysis' started by ForexLive, Sep 2, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Risk is elevated As with all key events risk is elevated through the US employment report. When, I talk about risk it includes market risk, event risk and liquidity risk. We always face market risk as long as the market is trading. Event risk is from some random number that comes out. Today with 330 million people in the US, the event risk will swing on 50K from the estimate of 180K. Who knows what that swing might be? Then there is liquidity risk. With today being the "last day of summer" (well US Labor day on Monday is really the last day), how much of the normal liquidity is out there. Be aware of your risk. It should matter (a lot), especially to a retail traders.

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