Download as pdf or txt
Download as pdf or txt
You are on page 1of 7

NFP

NON-FARM PAYROLL

LEARN HOW TO TRADE NFP


LEARN HOW TO TRADE NFP

What Is NFP (NON-FARM PAYROLL)


The non-farm payroll (NFP) figure is a key economic indicator for the
United State economy. It represents the number of jobs added, excluding
farm employees, government employees, private household employees
and employees of non-profit organization.

• Non-Farm Payroll (NFP) release create volatility in the forex


market.
• NFP measures net change in employment jobs.
• Forex trades use an economic Calendar to prepare for NFP release.

The currency pairs mostly directly affected by NFP release are the major
currencies that are traded against USD:
• EURUSD
• GBPUSD
• NZDUSD
• AUDUSD
• USDCAD
• USDCHF
• USDJPY
• GOLD

These currency pairs are where you will see the purest reactive
response from the NFP release and where the best opportunities arise for
trading NFP.

Of these pairs, it is typical to see the biggest impact in EURUSD and


USDJPY.
NFP and the Economy
There are parts of news release for each NFP day;

1. NFP number: how many new jobs have been created\lost


2. The Unemployment rate; the overall employment rate
3. The hourly wages; how many workers are earning on average
Requirements
Leverage 1:500 +
ECN broker
Zero spread and swap free broker
Ability to execute fast

STRATEGY
-Every single time with NFP on GOLD and EURUD
-Wait for NFP to act
-Then when you see that is starting to reject
take the trade in the opposite direction of the release
-Meaning that NFP is a sell, you take a buy and gain on rejection
-This strategy makes you gain on rejection of NFP because is always
rejecting
-This strategy is 99% accurate
RISK MANAGEMENT

Risk Management is one of the most important topics you will ever read
about in trading. why is it important? well, business of making money, and
in order to make money we have to learn how to manage risk (Potential
Losses)

Ironically, this is the most overlooked areas in trading. Many forex traders
are just anxious to get right into trading with no regard to their total
account size.

They simply determine how much they can stomach to lose in single trade
and hit the trade button. There’s a term for this type of investing…. it’s
called
GAMBLING

When you are trading without risk management rules, you are
GAMBLING.

You are not looking for long term return on your investment. Instead,
you are looking for jackpot’. Risk Management rules will not protect you,
but can make you very profitable in the long run.
Finals words

You made it through, well done

By now you have good understanding of some of important things about


NFP techniques and tools, of course this won”t be probably be enough to
become nfp expect, but it’s a good start.

So what’s next?

Contact
MPHO RAMOCHELA TREVOR

For premium MENTORSHIP


Forex, binary and Indices Course

For Premium signals


Whatsapp : +27731600643
Telegram : +27731600643
Email : ramochelatrevor@gmail.com

You might also like