Trading Non Farm Payroll

Trading Non Farm Payroll 1st Friday of Each Month. The Non Farm Payroll Report is released (generally) on the first Friday of the month at 8:30am Eastern US Time, and it contains information on the employment situation in the United States. A strong Non Farm Payroll number reflects a robust, growing economy.

A weak number can mean that the economy is slowing down. The United States Federal Reserve considers this report an important influence on their monetary policy decisions. Because of this, the

report is a major market mover, not only for currencies but also for stocks and bonds.

• Two Trading Strategy ( Works Best on Eur/USD, GBP/USD and USD/Yen)

1) On the Day of Release FRIDAY (Use only 5 min chart)

2) End of Monday after it is release (Use Daily Chart)

On the Day of Release

(Place a Buy Stop and Sell Stop above the high and low of the bar by 15pips that goes above or below the 8.30 bar. You must enter and exit on the same day)

End of Monday after it is release (Place a Buy STOP and Sell STOP order above the Monday high and low daily chart by 15 pips on Tuesday Morning. The trend usually last for a week).