{"id":729,"date":"2009-03-04T17:33:23","date_gmt":"2009-03-04T22:33:23","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=729"},"modified":"2009-03-04T17:33:23","modified_gmt":"2009-03-04T22:33:23","slug":"2-steps-to-trading-the-us-employment-report-on-friday","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2009\/03\/04\/2-steps-to-trading-the-us-employment-report-on-friday\/","title":{"rendered":"2 Steps to Trading the U.S. Employment Report on Friday"},"content":{"rendered":"<p><span style=\"color: #888888;\">By Sean Hyman<\/span><\/p>\n<p>Your stocks are crashing and your real estate value is eroding all at the same time. Even commodities are tanking. These are some of the greatest ways Americans have accumulated wealth up until now. So what\u2019s a trader or investor to do?<\/p>\n<p>Learn to trade the \u201crecession proof\u201d market \u2013 the Currency (Forex) Market!<\/p>\n<p>For instance, it\u2019s been no secret that the number of unemployed in the U.S. is growing rapidly. See the chart below that shows this trend vividly.<\/p>\n<p style=\"text-align: center;\"><strong>650,000 Job Losses Expected to be Reported on Friday!<\/strong><\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2009\/03\/joblosses.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-730\" title=\"joblosses\" src=\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2009\/03\/joblosses.jpg\" alt=\"joblosses\" width=\"456\" height=\"299\" \/><\/a><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\">This is also causing an enormous spike in the unemployment rate. See its chart below. Previously the unemployment rate had jumped up to a whopping 7.6%. However, on Friday this is expected to come in at 7.9%.<\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\"><strong>The Unemployment Rate goes Parabolic!<\/strong><\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2009\/03\/jobs2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-731\" title=\"jobs2\" src=\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2009\/03\/jobs2.jpg\" alt=\"jobs2\" width=\"456\" height=\"310\" \/><\/a><\/p>\n<p style=\"text-align: center;\"><strong>Learn how to Make Money from Fundamental Trends! <\/strong><\/p>\n<p><span style=\"font-size: small;\"><span style=\"font-family: Times New Roman;\"><strong><\/strong><\/p>\n<p>It\u2019s extremely unfortunate what is happening in America. I bleed \u201cred, white and blue\u201d. However, I can\u2019t change this fundamental trend in place. This will be up to forces that are much bigger than me: the government, the Fed, the Treasury, etc.<\/p>\n<p>However, until they can get this turned around (and that will take some time), we can profit from the fundamental trend that has unfolded.<\/p>\n<p>As economies have gotten hit hard in the U.S. and around the world, money has run to what it feels are \u201csafe havens\u201d. Since the dollar is the world\u2019s reserve currency AND it had been beaten down for years, back to back\u2026money ran there for shelter from this \u201ceconomic storm\u201d and that trend continues to this day.<\/p>\n<p>For the last year, the rise of the dollar has been one of the few \u201cupward trending\u201d games in town, even when you look to just about every market out there: stocks, real estate, commodities, etc. In fact, it\u2019s breaking out to new highs even now! How many financial instruments anywhere can boast that right now? Very few!<\/span><\/span><\/p>\n<p style=\"text-align: center;\"><strong><br \/>\n<\/strong><span style=\"font-size: small;\"><span style=\"font-family: Times New Roman;\"><strong>Two Steps to Making Gains in the Forex Market!<\/strong><\/span><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: small;\"><span style=\"font-family: Times New Roman;\"><strong><\/strong><\/p>\n<p>So while your stocks and real estate are perishing for now, you need something to buffer these blows with. That\u2019s where the forex market comes in. It\u2019s one more way you can diversify yourself and also get into trades that are heading higher NOW and not months or years from now.<\/p>\n<p>How do you delve into this market? I\u2019d say there are two steps to take before you \u201cgo live\u201d in this market.<\/p>\n<p>Get Educated about this market. I\u2019m always amazed at the people that delve into any trading market with NO education. Would you try this at plumbing, brick laying, being a doctor or a lawyer? Of course not! Yet, people delve into this arena with \u201cexperienced traders\u201d and expect to profit just as they do. They are simply dreaming. What they need is an education to \u201clearn the ropes\u201d. Anyone can afford to get an education in currencies these days. Why? Because we\u2019ve made it \u201conline\u201d so that you can take it in your spare time AND made it to where it only costs $25 so that everyone can afford it.<\/p>\n<p>So your first step is to take your online course, by <a href=\"http:\/\/www.mywealth.com\/currency-trading.html\" target=\"_blank\"><strong>clicking here<\/strong><\/a>.<\/p>\n<p>Get a \u201creal time\u201d, free demo account. When I first learning how to trade stocks, I never had this awesome option. However, in currencies you do. So <a href=\"http:\/\/www.fxedu.com\/practice-forex-account\" target=\"_blank\"><strong>click here<\/strong><\/a> and get your free real time demo today. It comes with FREE real time quotes and charts that you can trade off of. Your trades go onto demo servers, so you literally don\u2019t risk 1 cent but yet you get to learn the ropes by gaining experience in trading this market.<\/p>\n<p>Once you\u2019ve gotten your low cost education and you are implementing what you\u2019ve learned by using the demo account, after about 30 days you will be ready for the final step \u2013 \u201cGoing Live\u201d.<\/p>\n<p>To get a live account, <a href=\"https:\/\/secure2.fxcorporate.com\/fxtr\/?plugin=0&amp;locale=en_US_FX_EDU_LLC\" target=\"_blank\"><strong>click here<\/strong><\/a> and bookmark this site now so that you can open up your live account after the 30 days are up. You should start with a micro or mini forex account. Deposit at least $300 to $3,000 to get started and you\u2019re \u201cup and running\u201d\u2026trading this \u201crecession proof market\u201d and helping your future by making gains NOW rather than just sitting idly by while your stocks, commodities and real estate continue to dwindle before your eyes.<\/p>\n<p>Take these steps and it will help you to stop the downward spiral of your net worth and to do something proactively about it today.<br \/>\n<\/span><\/span><\/p>\n<p><em><strong>About the Author<\/strong><\/em><\/p>\n<p>This post was provided by Sean Hyman,<span style=\"color: #888888;\"> <span style=\"color: #000000;\">Head Instructor at <strong><a href=\"http:\/\/mywealth.com\/\" target=\"_blank\">mywealth.com<\/a><\/strong>. See his blog at <strong><a href=\"http:\/\/www.mywealth.com\/blog\" target=\"_blank\">http:\/\/www.mywealth.com\/blog.<\/a><\/strong><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Sean Hyman &#8211; So what\u2019s a trader or investor to do? Learn to trade the \u201crecession proof\u201d market \u2013 the Currency (Forex) Market!&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-729","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=729"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/729\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}