Below is a step by step forex strategy for trading the NFP report. Trade the EUR USD After the NFP Report. Initial Move Establishes First Trade Direction. Wait for This Trade Setup. Alternative Trade Setup s Establishing a Profit Target. The Risk Reward and Position Size. ADAPT the Method, Don t Copy It..The Simple NFP Forex Strategy. Do nothing for the first minutes after the NFP announcement. Wait for an inside candle. The high and low of the inside candle become our trade triggers. Place a stop loss below the most recent low if you bought, or above the most recent high if you sold. Exit hours after your entry..The Nonfarm Payrolls NFP are among the biggest market movers in the Forex markets, together with central bank events or interest rate .Discover how to trade this report without getting knocked out by the Forex investors witnessing an expected change in the NFP report will turn .
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The Nonfarm Payrolls NFP are among the biggest market movers in the Forex markets, together with central bank events or interest rate decisions..
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