USD Nonfarm Payrolls – 2017/12/08

Date: Friday 86th December 2017

Time: 13:30 UTC

Nonfarm Payrolls is the most watched figure by markets and historically has been a very good figure to trade. More weight seems to be being placed on the Unemployment rate recently, which is making it much more difficult to trade. We recommend trading small size on this figure, markets will be volatile and in recent times we believe it has become high risk.

We have set the parameters conservatively, to hopefully mitigate any conflict with the Unemployment Rate. However, we also recommend having the Economic Calendar open and exiting your trade immediately if there is a conflict. Economic Calendar.

If you’re trading AUD/USD (This is our recommended pair this month, see explanation below) and a buy trade is triggered, a lower Unemployment Rate is considered a conflict. If a sell trade is triggered, then a higher Unemployment Rate is considered a conflict.

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