Trading Non-Farm Payroll Report by Avi Frister
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Forex Trading – Foreign Exchange Course
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
Avi Frister – Trading Non-Farm Payroll Report
A method that allows you to take advantage of a situation that occurs once a month. The Non-Farm Payroll Report is issued by the United States government on the first Friday of each month. What it actually contains however, is not nearly as vital to your Forex Trading interests as is the effect that it has on the economies associated with it.
The Non-Farm Payroll report contains statistical information about all employees in the United States with certain exceptions. Farm workers are not included as is implied by the name of the report. Neither are private household employees, general government employees or the employees of non-profit organizations who assist other people in some fashion. What it does is create a fluctuation in the currency rates and opens a window of opportunity for Forex Traders across the globe.
The two economies which are most directly affected by this report are the Pound and the Dollar. Therefore, that is where the greatest and most direct financial impact is going to occur. It is also where the largest opportunities come along for Forex Traders.
As a general rule, Avi Frister takes you on a trip of investing as a business. In other words, he reduces the risk by removing the gambling factor. He explains this with a startling clarity that shows just how stable certain factors always are, even in a fluid environment. He then takes you on an incredibly easy and step-by-step tour of just how to use that information to your advantage. While he does not generally believe in investing on government reports, this is one very profitable exception to the rule.
The Non-Farm Payroll report always generates a price fluctuation when it is released. Since the largest fluctuations and the most noticeable effects are with the Pound and the Dollar, that is where he will show you how to focus your efforts. He gives you a great heads up that will allow you to predict the likely trend on any given month. Additionally, he throws in a couple of fail safes in case things do not continue on the single trend.
As the trade progresses, if the trend does continue in a profitable fashion, he shows you how to ride it out through to the end. However, anybody who has ever participated in Forex Trading knows that trends do not always last like they should. If that is the case, he shows you how to put a stop to your losses before they affect your pocket too deeply. In fact, even if the trend reverses completely, he shows you how to capitalize on that as well.
Trading Non-Farm Payroll Profitably by Avi Frister is a very valuable Forex Trading resource that will help you to find a high probability and highly profitable market every month. If you have ever considered Forex Trading as a means to supplement your income or add to your retirement, Avi Frister gives you a very real opportunity to increase your financial gains with Forex Trading.
Mike Lombardy is a successful writer and web publisher. He highly recommends Avi Frister’s Forex Trading Machine for a mechanical trading system. You can also read and submit your own reviews at his website.
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