Todays NFP and Unemployment News Trade


#1

The strategy seemed work for the 9, 10, 11 using a strangle but how did one trade the 3pm? It kinda flattened out around 11:30am

SD NFP and Unemployment Comes out at 8:30 AM ET

Forecast is 7.3 on unemployment and 126k on NFP

Lower NFP ie 56k or < & higher unemployment rate 7.4>- sell USD

Strong NFP ie > 196k and flat 7.3% or lower Unemployment - buy USD

This is a huge impact even on the Quantiative Easing/Fed Bond Buying

Stronger Market = less printing = stronger dollar Weak Market = more printing = weaker dollar

If numbers are mixed or as expected may want to exit at breakeven… also look at previous revisions as this can have a large impact.

Post Directtional News - News comes out - Massive Spike - nice Retracement - then join back in in the direction of the news (ie use APEX after the retrace)

Use 9, 10, 11 or 3 PM binaries or spread Pair % Of Time Breaks 50 Pips within 2 hours Initial Spike Average Range high to low 2 Hours After News Max Risk combined EURUSD 100.00% 50 100 $ 75.00 USDCHF 88.00% 55 110 $ 80.00 GBPUSD 88.00% 50 104 $ 80.00 AUDUSD 83.00% 30 60 $ 45.00 USDJPY 67.00% 45 80 $ 60.00


#2

What is your question…?

You don’t have to stay in till 3 it just gives more time


#3

Maybe I misunderstood, but I thought you said on the radio show that the trend usually continues in the direction throughout the day and that you preferred trading the 3pm’s. Guess my question was how did you approach this particular trade with strangles/straddles if you used the 3pm’s as far as strikes and exiting.