June\u2019s NFP surprised to the upside:
\ud83d\udc77\u200d\u2642\ufe0f 147,000 new jobs (vs 110,000 forecast)
\ud83d\udcc9 Unemployment: 4.1%
\ud83d\udcb5 Wage growth slowed to 0.2%\u00a0MoM<\/p>\n
Markets reacted fast\u200a\u2014\u200aUSD jumped, gold dropped. But with mixed wage signals, volatility remains\u00a0high.<\/p>\n
\ud83d\udee0 Your NFP Strategy\u00a0Guide<\/strong><\/p>\n \u2705 Choose Your Bias<\/strong> \ud83d\udcc8 Map Key Levels<\/strong> \u23f1 Be Patient<\/strong> \u2699\ufe0f Protect Your Capital<\/strong> \ud83e\udde0 Track & Learn<\/strong> \ud83d\ude80 Ready to trade with NordFX?<\/strong> \ud83d\udc49 https:\/\/account.nordfx.com\/account\/register?id=1187185<\/a><\/p>\n #Forex #NFP #USD #Gold #TradingStrategy #NordFX #NonfarmPayrolls #TechnicalAnalysis #JobsReport<\/p>\n \ud83d\udcca NFP Week: How to Prepare Your Strategy<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" June\u2019s NFP surprised to the upside: \ud83d\udc77\u200d\u2642\ufe0f 147,000 new jobs (vs 110,000 forecast) \ud83d\udcc9 Unemployment: 4.1% \ud83d\udcb5 Wage growth slowed to 0.2%\u00a0MoM Markets reacted fast\u200a\u2014\u200aUSD jumped, gold dropped. But with mixed wage signals, volatility remains\u00a0high. \ud83d\udee0 Your NFP Strategy\u00a0Guide \u2705 Choose Your Bias \u2022 Strong data \u2192 USD up, gold down \u2022 Weak data \u2192 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-78476","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78476"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78476"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78476\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u2022 Strong data \u2192 USD up, gold down
\u2022 Weak data \u2192 USD down, gold\/risk assets up
\u2022 Neutral? Wait for a clean setup post-spike<\/p>\n
Use support\/resistance on EUR\/USD, GBP\/USD, USD\/JPY\u200a\u2014\u200adon\u2019t chase the first\u00a0move.<\/p>\n
The first 15\u201330 mins are noisy. Wait for confirmation.<\/p>\n
Use stops, reduce position size, stay\u00a0calm.<\/p>\n
Log your trades. NFP weeks teach a\u00a0lot.<\/p>\n
Tight spreads. Fast execution. Smart\u00a0tools.<\/p>\n