Wall Street rallied on the US report non-farm payroll who showed that K 243 jobs were created in January. The unemployment rate fell to the lowest level in 3 years to 8.3%. Data of beat analyst expectations and boosted the bulls of the US Dollar and the stock markets. The December data was also revised to 203 k of initial k 200 a reported. The economy also added jobs in nearly all sectors such as professional services, retail, health care, restaurants more far, pointing out that the recovery is not specific to a sector. Administration of President Obama cheered the new as the positive employment growth increases the chances of Obama won the presidential election.
OpenBook trader Petra09 ends the week with an impressive performance of 22% for the week. The merchant which is an increase of 50% for the month of trades mainly in indices such as DJ30 (allocation of 38.7%), GER30 (19.7% allowance) and FRA40 (7.2% allowance). The trader also allocates 20% of the portfolio of trading of raw materials. The dealer had a good race today and they were able to close several DJ30 positions near 12 800 after the announcement of the NFP. The trader has reserved profits as high as 30% on these positions DJ30. The operator has also closed a few positions of GER30 with gains between 38-40%. The merchant uses strategies of high risk so that should keep in mind. This merchant does not much trade currencies and should be considered by those who seek to diversify away from currencies.
The ISM services PMI rose in January to the highest level in 11 months. The index increased by 56.8% 53.0% in December. The new orders index pink 4.8 points. The Nasdaq broke above the level of 2 900 and the Nasdaq level 2 889, which is the highest in more than a decade. At the time of this report, the Dow Jones index has 136 points, Nasdaq has 40 points and the S & P 500 has 16 points at the time of this report. Traders on OpenBook are primarily long dows (DJ30) with the boundaries of the medium-12 900 and stops at 12 650.
OpenBook trader Carlalee was now profitable day also close a DJ30 position with 35% to win. This trader like scalping the DJ30 and gold. The trader allocates 52% of the portfolio of trading of gold and was the purchase of gold $ 1700 an ounce. The trader is not a trader in long term and scalps 5% to 10% of gain on a daily basis.



No comments:
Post a Comment