The unemployment news

US dollar jumped after the surprise in the unemployment news. Federal Reserve might increase the Interest rates long before the traders are expecting it. I wasn’t interested in news trading; just watched the market from the side line. In the European session market was almost dead there wasn’t any opportunity for me.

Change in the emotion of the market

Pattern couldn’t co-op with market sentiment. Strong price action was the reason to enter long in the EUR/USD but sudden shift in the emotion hit my stop. On the other hand the weakening of the market helped my short and I gained almost 50 pips.