| The June US employment report will be released tomorrow at 8:30 AM ET. The expectations are around 180K. The unemployment rate is expected to tick up to 4.8% from 4.7%.
I don’t look to go into a high risk event with a position. There are better times to trade, but after the news is known, it is just fine to trade as long as the actual number is materially different from the expectations. In this video, I outline the levels that are “in play” and explain why they are important to me, and to the “market” as well. . Remember… the best thing to do when there is a high risk event is to plan your trade. Be prepared. |
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