get stopped out, don't re-enter. You trade peoples expectations and reactions to those numbers. The release of the NFP generally occurs on the first Friday of every month at 8:30.m. Use always the Parabolic SAR or macd to predict direction moves. In that case, there would be not much trading left. It is also important to note in high volatility times, even after waiting for a pattern setup, rates can reverse quickly.
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Then, investors saw that the earnings were up (positive) and the unemployment rate fell as well, which was positive for the Dollar and the EUR/USD fell. Thus, traders exit four hours after their entry time. The currency has moved up / down and maybe even both for a few minutes. Swing trader: difficult but doable. Question 4) Can everyone trade everything during NFP? The NFP provides information about the US labor market, how well the economy is doing and what the future holds: if the economy is not doing so well, companies dont hire as many new people and might even fire some of their employees. Economy and the world economy? Please be aware that it is crucial for every trader to do their own demo testing, back testing, paper testing, etc before trading live. Usually Tony discusses NFP related matters but this time around I wanted to share my 2 cents as well.