☕️ Howdy Munchers! Today’s going to be like a trader's Super Bowl, and we're gearing up for one wild ride with a chance of nausea. 🤒 

Buckle up, because what happens with NFP could shake the markets and set the tone for the rest of 2024. 🎢

On today’s menu:

• A Trader’s Super Bowl: Why Today Is Massive 🚨

• How To Get More Prop Accounts (new promo) 😏 

• How This Trader Made $483.75 🤑 

• Bitcoin Isn’t Looking Good 📈 

Why Today Is Massive For The Markets🚨

Buckle up, Munchers. Today is about to get wild. 🎢 

We all know Non-Farm Payrolls (NFP) is usually a big deal, but today? It's bigger than big.

Why?

Because this time, NFP is holding the steering wheel for the Fed’s next move—and that’s going to ripple across markets for the rest of 2024. 🌊

Here’s what’s on the line:

📈 The unemployment rate is expected to hit 4.2%, with 164,000 new jobs created. No surprises here, right?

But what if it’s off? Like, way off? Well, that’s where things get spicy. 🥵 

🔥 Scenario 1: Unemployment is HIGHER than expected + Fewer jobs created

Translation? The Fed might hit us with a 50 basis point cut instead of the expected 25 bps. If this happens, markets will be shaken, stirred, and flipped upside down like a DJ Khaled track.

🔥 Scenario 2: Numbers land as expected

A modest 0.25% rate cut is on the cards, which means a smooth ride for now… maybe?

What’s going to happen is anybody’s guess.

But here’s the kicker everyone’s asking: Will bad news actually be bad news for the market?

That might sound like a silly question, but it’s something a refined trader is constantly asking himself (or herself; we don’t step on toes here).

Remember, in trading, it's never about what's happening right now. It's all about what's coming next—and what’s already priced in.

AKA, it’s about market sentiment. 🧠 

The Gameplan?

So, if the numbers miss expectations, are we gonna see the market freak out? Or has everyone already baked this bad news into the cake? 🎂

Nobody knows.

Today’s NFP isn't just data; it’s a pulse check on how the market is gearing up for the rest of the year.

And that’s the real thing to be watching today.

Now, why we do care?

Remember, we’re not just praying that the market bounces off our trendlines. ❌ 

If we want to make money like the pros (I sure do), we need to act like the pros, and that means understanding market sentiment.

At Pip Munch, we call it developing our Fundamental Idea.

*Click HERE for a free course on Fundamental Analysis.

A rich trader once told me, “You need to know if the market is going up or down before you even look at the charts.”

Incredibly difficult? Absolutely. ✅

Massively helpful? Yes sir. ✅ 

So, at Pip Munch, we’ll be watching not only the data closely but how the market reacts.

👉️ The main question: Is bad news good news? Or is bad news actually bad news?

The answer to that is absolutely crucial to understand. Thankfully, we’ll find out in a few hours.

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And right now you can get 10% off any challenge account of your choice. Just use the code DOUBLE10.

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How This Trader Made $483.75 🤑 

Another day, another payout!

Now, it’s important to remember that not all payouts are the 5-figure ones you see on social media.

But all payouts are the results of hard work.

Often years of hard work.

So, as always, staying with the Pip Munch theme, we’ll deliver you the actual numbers on how they did it and break down the major takeaways.

Here we go:

• Active trading Days = 47

• Account Size = $100,000

• Loss Rate = 24%

• Number of Payouts = 2

• Average RRR = 0.33

• Trades Placed = 748

The Takeaway?

First off, let’s talk about the two payouts—that’s no small feat. Earning even one payout in this game is tough, but getting two? That’s just next-level. 🎉 

A trader who can pull that off isn’t just good—they’re disciplined, calculated, and a little bit fearless. 🥳

Secondly, taking 748 trades over 47 days is no joke. That’s nearly 16 trades per day—while some people are deciding what to order for lunch, this trader is placing trades like it’s Black Friday at the stock market. I need a second cup of coffee just thinking about it. 😴

Now, let’s talk about the trading style. An average trade duration of 10-20 minutes means this trader is living in the fast lane but isn't exactly a high-speed scalper. They’re hanging around long enough to capitalize on short-term moves without becoming a chart-watching zombie. 👀 

This style is incredibly time-consuming, but hey, when you’re pulling down payouts like this, maybe that’s the price you pay. 💸

Also, check out the 24% loss rate. That’s a number to be proud of. When you’re trading 748 times, keeping your losses low is a major win.

And while the 0.33 RRR might raise some eyebrows (because who doesn’t love higher risk-reward ratios?), the sheer volume and precision of trades mean this strategy is all about grinding for consistent, steady gains. 📊

We’ll see you Monday,
Mr.Pip

☕️ Pre-Market Fuel

1. This Trump policy could be great for stocks. 📈 

2. Bitcoin index = extreme fear. Could we drop below $50,000 this weekend? 😶 

3. The secret to making BIG money from trading.

🍪 Munchy Memes

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