Jobs report strategies: what's your payrolls plan?
Non-farm payrolls is the most scheduled-and-scripted volatility in forex: the range before the number, the spike after, and the reversal that often follows. Every trader needs a plan, including the plan to stay flat.
Share yours:
- your pre-release positioning rules
- what you trade and when
- how the first-move-versus-reversal pattern shapes your entries
The payrolls guide breaks down the release.
Background: Non-farm payrolls explained: why the US jobs report moves the dollar
The monthly Employment Situation report is one of the most traded events in currency markets. What it measures, when it comes out and why the first move often fades.
When is the non-farm payrolls report released?
Usually on the first Friday of the month at 8:30 a.m. New York time. The exact dates are on the Bureau of Labor Statistics release schedule.
What is a good NFP number?
There is no fixed level. Markets react to how the figure compares with economists' forecasts, and to revisions, wages and the unemployment rate in the same report.
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