vvFish wrote: Tue Mar 04, 2025 8:56 pm
Non Farm News is always published on the first Friday of each month.

Thank you

nomojofomo wrote: Tue Mar 04, 2025 9:15 pm Numbers.png

So... you think it'll be a flop on let's say the 1h chart bud?

boytoy wrote: Tue Mar 04, 2025 9:50 pm Thank you
So... you think it'll be a flop on let's say the 1h chart bud?

Scroll to 10min 33seconds and he starts to say the ins and outs and how significant the difference is.

My opinion is sometime there's going to be an announcement of the 'difference' . When it does it'll be sort of like multiple NFPs happening on the same day/night (depends on where you are in the world). So probably would be seen on the H1 as well. But I'm waiting and watching and seeing how it goes, then deciding.

nomojofomo wrote: Wed Mar 05, 2025 2:25 pm Scroll to 10min 33seconds and he starts to say the ins and outs and how significant the difference is.

My opinion is sometime there's going to be an announcement of the 'difference' . When it does it'll be sort of like multiple NFPs happening on the same day/night (depends on where you are in the world). So probably would be seen on the H1 as well. But I'm waiting and watching and seeing how it goes, then deciding.

Interview.png

Extended thank-you for the reply as well as the video and timestamp, I've learnt quite a bit from that bud.

How are you today ?

nguyenlun25118 wrote: Fri Mar 07, 2025 6:35 pm How are you today ?

OH SHIT IT'S NFP TODAY

AAAAAAAHH!!!!

nguyenlun25118 wrote: Fri Mar 07, 2025 6:35 pm How are you today ?

Hello my bro

Are you trading NFP?

News Straddle Strategy:

Fun practice on demo.

News trading problems:
- Unless you have insider info you cannot know which way the markets will go.
- Possible outcomes, strong up, strong down, whipsaw about the middle.
- Due to 'first come, first served' rule 'Market orders' often not filled as 'Pending orders' have priority at any price level.

Therefore the Straddle Strategy:

Obviously you are looking for the occasional times when, on news, price just bolts in one direction.

You are also looking to avoid an entry when price is just whipsawing with no overall direction.

So,

A few minutes before the news release place a sell stop order below current price and a buy stop order above current price.

To keep away from the middle whipsaw range use 1 or 2 pivot point levels away from current price.

'One Cancels Other'(OCO). If either order is filled cancel the other order.

Set a pivot point target or instead trail stop.

Jimmy wrote: Fri Mar 07, 2025 8:03 pm Hello my bro

Are you trading NFP?

I am a newbie learning to trade so I don't know how to trade NFP yet.