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No much movements.

I made 21 pips on USDJPY retracement June NFP.

Tyce's NFP Analysis for 2 July 2010

On thing I wish Henry would add to his tradable news releases are subsequent news releases that effect (mitigate or amplify) the previous News Release. This was the case of this months NFP with US Factory Orders coming out far below expectations at -1.4% vs. 0.5% expected.

An extremely interesting NFP this month. Unemployment was 9.5% vs. 9.8% expected and Non Farm Payrolls came in at 125k vs. 130k expected. Revisions were higher at 431K to 433K. The only surprise was the unemployment figure decreasing by 0.3% over the expected. So one would expect the USD to strengthen....BUT economists are those intimate with the NFP and it's mathematical construct would realize that unemployment is based on those COLLECTING unemployment checks. Knowing this, and the fact that unemployment benefits were extended 99 weeks, many of the filings are falling off as a recordable data figure, but are truly unemployed.

Take a look at my chart from Friday. EURUSD pair, 30 minute chart.
1.25518 8:30 EST Open
1.25459 16:30 EST closing at just 5.9 PIPS below the 8:30 NFP release.
Fibonacci Retracement line really provided some excellent guidance at the 0.0 & 61.8 levels.
Resistance of the NFP release in the EUR/USD pair occurred at the 1.26030 level (9:30, 10:00, 10:30, 11:00 on 30 minute charts, see attached chart) before plunging to Open/Close candlestick levels of the 8:00 EST US FX Market open.

Source(s):

After looking at the Commitment Of Traders (COT) from this past Tuesday, Commercial traders were buying both the USD & EUR, but the USD was still net short while the EUR is net long with respect to # of contracts.

Finally, in the FX Spot Market, it is typical for speculators and commercials to liquidate positions on Friday. It's apparent that this was the case after 11:00 EST, the news release for both the NFP and US Factory orders mitigated and EURUSD long positions were liquidated to bring the EURUSD with-in 5 PIPS of the 8:30 EST (pre) NFP release level.

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No. Deviaiton insufficient under Trade the News.

The NFP US JUNE 2010 did not meet Henry's save deviation to pull the trigger, I think he would have call it a non trade.I watched USD/JPY retraced all it gain and I then took a reversal position for a good trade.