|Date||Friday 1st November 2019|
USD Nonfarm Payrolls is released prior to the open of the US session.
We add USD Unemployment Rate as a Conflict and we look for a spike of 20-30 pips if a trade is triggered.
What happened last time?
|USD Nonfarm Payrolls – 19-10-04|
|One minute spike||37 pips|
Last month, the initial spike in USD/JPY was down on a slightly worse headline figure. However this was instantly bought due to the better than expected Unemployment Rate (3.5% v. 3.7%).
Setting up procedure
|Main Event||USD Nonfarm Payrolls|
|Conflict 1||USD Unemployment Rate|