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Random article: Conscious trading
Of course, the crocodile often fails in his hunting. Prey may be dodged and escape. But the crocodile never panics. He returns to the waiting position and prepares for the next opportunity. One weapon to face the uncertainty in the Forex market is the discipline. When the Forex market moves in uncertainty, then the pro trader will protect his/her accounts with a high self-discipline. They create trade rules for themselves in accordance with the strategies they use, and with high self discipline, they always follow the rules of the trade. Forex is the world that is free to a high extent. But every trader should create trade rules for himself and should be responsible for the trading rules. This is the factor that distinguishes a pro trader from a trader who failed.
This economic index is measured for wages and unemployment benefits in the USA. It can tell about occurrence of inflation processes in the state economy. FRS closely watches this indicator and based on its value adjusts its financial policy, which confirms its high significance. The Index is published quarterly, at 20-s, at 08:30 a.m EST (New York). Published data is used for middle- and long-term forecast. Rise in index in the period of expectations of growing major interest rates leads to consolidation of national currency.
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