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NonFarm PayRolls Strategy

 

Expert opinion. Make a habit of opening the economic calendar on the first day of the month and finding out the date and time when the news will come out. News is always released on the second Friday of the month (not the first). Once you've found the date and time, mark it on your calendar/day planner. That way, you'll never miss the news.

Expert opinion. There's always a large degree of uncertainty when it comes to the news largely due to the great speed with which generates price changes and profits. This is what draws traders to trading on Nonfarm data. It's very important to keep a cool head and use a consistent strategy. And that means doing the same thing month in, month out. Do this and you'll be sure to see results fast.

Expert opinion. This strategy is a great addition to your system. You only have to think about it once a month and, hey presto, you've got another trade in the bag.