The NFP and 16:30pm gang
- Placidbull Financial Markets
- Mar 5, 2021
- 1 min read
Updated: Mar 6, 2021
Quick refresher on the NFP :
"Non-Farm Payrolls also known as NFP, is reported monthly by the US Bureau of Labor Statistics to give a timely glimpse into employment changes inside of the United States. Ultimately this report can give traders insight into whether the US economy is expanding or contracting while directly influences the decisions of policy makers such as the US Federal Reserve." says the Nasdaq website
From this crucial data we can try and predict how the indices will react, be it the DowJones30 or Nasdaq100. Positive employment figures would guides in going long and and negative figures would obviously say short the index. Below is an example of how it plays out when the NFP breaks at 16:30 pm SAST. We focus on lower time frames for that sniper entry of course. placidbullholdings.wixsite.com/pfm1/product-page/financial-markets-course




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