Date | Friday 2nd October 2020 |
Time | 12:30 |
USD Nonfarm Payrolls is released prior to the open of the US session. We are using much wider triggers than normal due to the current macro economic situation.
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 – 20-09-04 | |
Time | 12:30 |
Forecast | 1400 |
Actual | 1371 |
Deviation | -29 |
One minute spike | 29 pips |
How we setup
Main Event | USD Nonfarm Payrolls |
Market | USD/JPY |
Deviation | +/-500 |
Prior | 1371 |
Forecast | 850 |
Triggers |
Buy >1350 Sell <350 |
Conflict 1 | USD Unemployment Rate |
Prior | 8.4 |
Forecast | 8.2 |
Triggers |
Buy <8.2 Sell >8.2 |