SpotEuro Forex Daily Outlook March 5, 2010 Non Farm Payrolls!

Happy Friday Traders!

Were going to have a VERY interesting trading session later today, during the release of the very important Non-Farm Payrolls. The market is very volatile and can go either way at this point. The move on the EUR/USD overnight, falling below the previous days lows is bearish, but we have mixed views on this as a rejection of the move under 1.3440 was very important, followed by a 61.8% retracement on yesterdays decline from March 3rd highs. Ill cover that in the video in a bit. Be careful trading and dont forget to use stops.

Dont forget, we will be hosting a News! Trading session today, Friday, March 5th, 1300 GMT/8am EST. Premium members may access the direct link in the Members Downloads section. The room will be open 20 minutes prior to trading.

If youd like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the members area.

Please visit us at www.spoteuro.com

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