Making Money Online Blueprints
09
MAR
2016

Don’t Trade Non Farm Payroll Friday

This video shows a great example of how wild and random price action can be on Non Farm Payroll Friday.

I’ve used the EUR USD for this example.

One correction to what I stated in the video (it’s 4:30 and I’ve only had one coffee), when interest rates rise (or the expectation increases they will rise), this is positive for the currency as interest rate differentials between it and other currencies will have increased.

 

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About the Author
David Summer, father of three, living in the UK.

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