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).
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