USD Nonfarm Payrolls - 19-03-08

Date Friday 8th March 2019
Time 13:30

USD Nonfarm Payrolls is released pre-US session.

We add USD Unemployment Rate to Conflict Manager and we look for a spike of 20-30 pips if a trade is triggered.

What happened last time?

USD Nonfarm Payrolls – 19-02-01
Time 13:30
Forecast 165
Actual 304
Deviation +139
One minute spike 21 pips

Although we saw a large beat on the headline event last month, USD Unemployment Rate missed forecast (4.0 v. 3.9). No trade was triggered due to the conflict, this is the reason for the spieky market reaction.

How we setup

Main Event USD Nonfarm Payrolls
Market USD/JPY
Deviation +/-40
Prior 304
Forecast 181
Triggers Buy >220
Sell <142
Conflict 1 USD Unemployment Rate
Prior 4.0
Forecast 3.9
Triggers Buy <3.9
Sell >3.9

Leave a comment