The quick dip below 5780 followed by a quick recovery above this level yesterday proved to be a very low risk/high reward trade and highlights the importance of being patient for solid low risk/high reward trades. These trades can make a big difference to your wealth. As a trader one of the best skills to conquer is patience and its something we discussed in great detail at our seminars over the last few days.
We have non farm payrolls today and its likely traders were buying anticipated good news from the employment figures at 12.30pm today.
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Friday, November 2, 2012
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