have the US Non-Farm Payrolls and US ISM Manufacturing
reports. The first opportunity will be when the US Non-Farm
Payrolls report is released at 8:30 am EDT. We will focus on
the Non-Farm Payrolls figure, which is expected to be -75k
jobs. We have changed our focus on this one to the USD/JPY as
it has moved better than the GBP/USD in recent months. A
higher than expected number will be good for the USD and signal
a long on the USD/JPY, and a lower than expected number will be
bad for the USD and signal a short on the USD/JPY. We will be
looking for a deviation of 50k on this report to trigger a safe
trade.
This report last met our safe trigger in May, and we had
traders report profits of up to 75 pips on the USD/JPY.
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