Nonfarm payrolls

niceGLer
niceGLer
Oct 02, 2018 at 07:47
457 Views
5 Replies
niceGLer
niceGLer
Member Since Dec 28, 2013   171 posts
Oct 02, 2018 at 07:47
Have you realised that the market has been stuck in a range a week ahead of NFP release? Again.. What do you do? Any currency pairs that usually don't get stuck before NFs?
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niceGLer
niceGLer
Member Since Dec 28, 2013   171 posts
Oct 02, 2018 at 12:43
Probably not ranging yet.Shows how unpredictable this game is
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 03, 2018 at 12:07
That's what always happens before before the NFP, I just keep shorter term positions than usual in the week before that.
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alexforex007
alexforex007
Member Since Oct 11, 2013   775 posts
Oct 05, 2018 at 03:32
Lets see how the numbers come out. The Dollar could rally on better than expected readings, but the currency is overextended to the upside and prone to some profit taking on good news.
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Ararat
Ararat
Member Since Oct 13, 2018   10 posts
Oct 14, 2018 at 07:18
Usually it is only a day or 2 before nfp that markets range. If that is the case, just use a range trading strategy
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 15, 2018 at 11:40
In my experience sometimes the market remains range-bound for the whole week before the NFP. It doesn't happen every time, but it happens often enough to be careful about it.
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