380# Trading Non Farm Payroll 1st Friday of Each Month
News Trading Strategy
Submit by BonnieII 10/09/2013
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
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
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).