Date: Friday 2nd February 2018
Time: 13:30 UTC
Later today we see USD Nonfarm Payrolls. This figure has become more difficult to trade in recent times as more relevance is being placed on other components of the report.
This month we’re going to bring the parameters in to +/-40. We mentioned last month (USD Nonfarm Payrolls – 2018/01/05) that we might do this and now we have Conflict Manager, we think it makes sense. If you are not comfortable with this, please use +/-50.
Setting up procedure
Our market of choice: USD/JPY
Main Report
USD Nonfarm Payrolls
Deviation: +/-40
| Prior | Forecast | Buy | Sell |
|---|---|---|---|
| 148 | 184 | >223 | <145 |
Conflicts
1. USD Unemployment Rate
| Prior | Forecast | Buy | Sell |
|---|---|---|---|
| 4.1 | 4.1 | <4.1 | >4.1 |
Once News Trader Pro has been setup correctly, it should look like this:
As always, make sure you set the auto-click locations, and we advise hitting load on News Trader Pro 60 seconds before the scheduled release time. Good luck!