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Are you happy trading on NFP?

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May 07, 2017 10:50 pm
#1

Mensajes: 72
Member since: 14/02/2015

It is obvious that NFP is amongst the major news every month, so do you feel happy trading on it? I am working with OctaFX, as they are the best with been licensed by FCA and are a true ECN too for which they have won award as well. I feel happy and comfortable here especially with trading on high impact news like NFP, it is pretty pleasing with no worries over slippage, re quote or any such deal, it really makes me feel happy and comfortable.

May 20, 2017 08:36 pm

Mensajes: 216
Member since: 13/09/2016

NFP - Non-Farm Payrolls from USA’s Bureau of Labour Statistics is a collection of data regarding employment added per month, employment rate and wages across various employers. It is high risk events and produces lots of volatility. But having a good broker like FreshForex is also needed which is a regulated ECN broker with lowest of low spreads and high speed execution. MegaRebate 2.0 bonus can be used for this type as it provides cashback for every trade with upto $20 per calculated lot traded!

Aug 20, 2020 05:39 am
Asher User

Mensajes: 276
Member since: 31/03/2020

The NFP is a widely watched news report and you can almost always see that volatility is drying up when investors are waiting for the release. Thus, price often just ranges sideways on the Friday before the NFP without any sense of direction.

Jul 11, 2022 12:40 am
Posuraid User

Mensajes: 37
Member since: 29/05/2022

NFP data is significant because it is released on a monthly basis, making it an excellent indicator of the current state of the economy. The Bureau of Labor Statistics releases the data, and the next release can be found on an economic calendar.

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