U.S. NON-FARM PAYROLL.

This is the day to either sit back and observe and remain in $$$. Alternatively, in my opinion wait for about 15 minutes after the news has broken to see the direction developing then enter.

Believe it or not, I have 11 potential trades on my desk depending upon what the number is. But I am not certain that I will trade. Remember the follow through from NFP usually takes us into Monday next week as well and I find that a great day to trade normally. Hopefully, this week will give the usual opportunity.

I am not going to pre-post trades as it all depends on the jobless numbers. I am watching Canada as well as the U.S.

If you are going to trade regardless please take smaller positions until some momentum is in place (hopefully) and wait until the "knee-jerk" reaction after the news has passed.

Good Luck,

Scott