Binary options nfp

Hello traders, welcome to the news trading course and the third module news that move the market probably enough for us to trade. Or the change in non form employment as they call it at Forex Factory. Now you can see that the previous number was 85 k, then we had a forecast of k, this means we had a forecast of an increase of , jobs from last month. And the actual number came at , jobs created from last month. Now this is a huge improvement in employment numbers in the United States.

You can see that. You can see that the employment numbers are kind of stagnated between and , sometimes , but last month we had a drop, a massive drop in the non form employment, and this month we had a massive increase from 85 k to k. This means this news was very positive for the United States which means that we have.

The release was made at 3: Remember that I have set my Forex Factory clock at the time of the clock on my MP4 platform server, so the actual release of the non form payrolls is around 7: Now remember that we are going to look for levels on. We have a notion that this month we are going to look to sell the Euro-U.

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So we are going to try to use these two levels on the one-hour chart to. Remember that this is a very volatile environment and we are trading inside of an 83, or we are putting our targets inside of an 82 to 83 pip range. I think we have the release at 3: Now you can see that we are never going to use the breakout strategy before the MVPs because if we had had used the breakout target we would have.

I mean we would have made a profit but on the wrong side of the market, okay. And you can see that then the market just went down very sharply.

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Now sometimes you are going to see a break above. But this is just what happens when the market is being controlled by big money. What we need to focus on is the actual release. You can see the spike in prices at 3: You can see that we actually have three big spikes up, which means that we have a very large pool of buyers that came in after the break out and the retest of this area of these highs, that pushed price up to this area that we already had marked as a very important area of resistance.

You can see that price came all the way up here and then we had a rejection for about 20 pips on a 55 pip candle, which is a lot, okay.

Then at the release we get a. We have a dodgy candle. We are not going to use the technical analysis on candles during MVPs because it is a very volatile environment, but just by the look of that candle you can see that we had rejection on this area, and everybody knows that an increase on employment is good for the economy.

In this case the U. So how are we going to sell these non form payrolls? Well, you already have a level right here, okay, when this candle makes this high, it breaks with the area that we marked, and when this candle breaks, when the next candle breaks with this low, we are going to trade, to trade to the short side, okay. Now our stops are going to be all the way above these highs.

And the reason all of our stops are going to be all the way above these highs is because, what this candle shows us, okay. Remember that we have a short. After the signal to sell, because of the number of the non form payrolls number, of course, after the signal to sell the Euro-U.

This is called stop hunting. So we have a 33 pip stop loss. We have the entry zone right here, so we have a 33 pip stop loss, and then we have our targets marked right here with this area because we want to get a feel we are going to put our targets a few pips above our area. Three to four pips is fine, in this case we are using six pips.

But this gives us a win or a profit of 70 pips in five, six, seven minutes. You need to wait for the initial thrust, then look for the rejection, and then look for the actual levels that our price need to break.

Okay, sometimes we are going to wait for a corrective move, okay. And this is the corrective move that we are looking for okay. We went up to the upside pre..

Now you can see that the price went all the way up to the level that we marked, then we wait for the next level to break to the downside and we make a profit, and of course it also works to the upside if we have bad MVPs. Contact Us Sitemap Affiliate Program Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment.

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