How To Make $5K Trading a Non-Farm Payroll Report Day
Do you know what a non-farm payroll (NFP) day is?
The NFP report is published by the U.S. Bureau of Labor Statistics on the first Friday of every month and represents the number of jobs the economy gained during the month before that aren’t farm related.
The report shows investors how healthy the U.S. economy truly is — including critical information about the unemployment rate, the average of hourly earnings and which sectors are growing or shrinking.
The NFP report also represents one of the most anticipated days for forex traders as they’ll usually see big movements in price immediately after the data is released.
Which is how we were able to make more than $5,000 in less than an hour.
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2 Comments
Looking forward to the I formation.
I am new to trading, therefore: I will like to know, what do I do: how do I place a trade to make money going up and going down?