Payrolls week: what's your plan?

Non-farm payrolls week concentrates the dollar's attention: the jobs report, revisions and wages all land on one Friday (guide).

Payrolls week: what's your plan? — risk-reward diagram
A risk-reward ratio of 1 to 2

Post before the release:

  • your expectation for the numbers
  • the pairs you're watching into Friday
  • your plan for the release minute (including staying flat)
Payrolls week: what's your plan? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

Predictions posted before the release are the useful kind.

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