We have the monster of all reports tomorrow in the US Non-Farm Payrolls! For this report, I usually wait until the number is released and guage the market reaction looking to fade the move, so that’s what we will do tomorrow.
So far consensus has been pretty wide with tomorrow’s number, so we may see a muted reaction in which a market will stay within it’s daily range. Soon after the number is released, we’ll have an estimation of where we may see a reversal, and trade a reverse in movement. So, tune in 8:30 am EST for a possible US session “Pick of the Day” after the US Non-Farm Payroll numbers are release! Until then, good luck and good trading!