Hey friend,
The latest unemployment rate came in at 4.3% – the same as last month and in line with expectations.
Hourly wages showed a 3.4% annual growth – below last month’s 3.6% rate but also in line with expectations.
Let’s see how the markets have been moving.
The Daily Direction
Note: Indexes closed mostly higher yesterday but have been pulling back today – sending the short-term direction for the Nasdaq into downward territory.
Check This Out
Have you heard of the trade that could make more millionaires than AI?
The Daily Nugget
Trade your setups.
The market can be a noisy, chaotic place.
It always has been.
But in the information age, this is even more the case.
That’s why we see so many traders get swept up in the deluge…
Resulting in aimless, unfocused – and ultimately, unprofitable – trading.
That’s why in times like these, it’s worth bringing it back to the core trading advice, which is:
Trade your setups.
If you have a proven high-probability setup – like the types that Head Trader Ross Givens teaches…
Then trade them – no matter what else is going on.
These setups will already have taken “all other factors” into account.
So when things become a bit too noisy…
When you just can’t seem to “keep up” with the market…
Slow down, take a breather…
And focus on looking for – and trading – your setups instead.
Have a good weekend.
The Traders Agency Team
