How To Trade Forex During NFP Release (Scalping Strategy)
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- Опубликовано: 3 июн 2024
- What is #NFP? The nonfarm payroll (NFP) report is a key economic indicator for the United States. The nonfarm payroll report consistently causes one of the largest rate movements of any news announcement in the foreign exchange (forex) market. As a result, many analysts, traders, funds, investors, and speculators anticipate the NFP number and the impact that it will have on #forex.
When you are trading NFP, volatility is going to be present and you need to know what you are going to do before you are going to do it. In this video Shain Vernier, our market analyst will show you a way to trade the NFP using a simple #scalpingstrategy.
0:00 - Intro
0:15 - What is NFP?
1:13 - Simple scalping strategy
5:40 - Outro
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Today is first NFP of 2024 😤📈
This guy explained fundemantals so simple thanks you
My pleasure Billionaire!
That's great, I'm new in trading, I'll love to get more lessons.
please don't ignore slippage during major events, if the market gone crazy, the stop loss might not save your account
Thanks for watching
I experienced that for the first time today! left my account showing a negative number.... never seen that before
You are very smart. Good strategy
Thank you Effiong, glad you liked it!
Nice. Thank you.
You are most welcome Warwick
I need a more explanation on NFP trading pls
Good morning i like this but I need more information about this trade because i just invited for my first time
Great video. Thank you Shain, You are always very helpful. See you in the room chief.....
Grateful for your comment Tomas, See you🙂
Greate lesson dude.
I wanna trade forex arbitrage; triangular, statistical, etc.
I trust you can help me out.
Thank you for watching Dennis! We'll be trading NFP Live on the channel, Friday at 8:30 AM EST. See you there!
Help me understand 🙏
Thanks for your comment. Please contact us via chat on our website to know how you could avail of our service (www.forexsignals.com).
I am planning to find another source of income in forex exchange that's why I am searching here how to do andthe safest of money
I like the strategy on the NFP very useful, would it be an idea to hedge bet the NFP so you are covered if the dollar goes long or short?
Hey Tony, I invite you to go to our main website and there you may chat and discuss that with other traders and analyst through our Trading Room.
I am new to this, but I have been following the videos, how can you help me to start trading?
Hi Sylvester, please reach out to us via email at support@forexsignals.com for assistance
Do buy stops and sell stops work in NFP….I have never traded this before
It work but little because of slippage of your broker not let you enter
So what I have learned is to let the fluctuation play out and once the market starts moving in a clear direction then you enter into the trade depending on the effect of the news. Hope this helps
When it comes to scalping Shain is the KING. An excellent market analyist that is stright to the point no B.S. and keeps things simple that work! Thanks Shain
Grateful for your generous feedback Tom🙂
Am taken by the fact that you're a scalper, just know am on you every single now and then
Thanks for your comment.
Couln't understand that entry point and wasn't sure whether it was buy or sell. You said a 'long' entry -which means a buy. I wasn't clear in that case why you thought the trade would go up ? Maybe mark a line of entry and a SL and a TP? we can then folow the speed of your verbal output visually. Otherwise I liked the positive approach to a volatile problem !
Thanks for watching Charles
Can you teach me please 🙏
Please contact us via chat on our website to know how you could avail of our service (www.forexsignals.com).
Hi, Iam basith from India . Will you help me to a good trader ?
Hi Basith! We would love to assist you in your trading journey. You can start with 7-days free trial here: www.forexsignals.com/#register-tab
Yes nfp is great if you know how to trade it. Love your videos.
Always a pleasure reading your comments Anthony, thanks for watching 🙂
❤
I don't even understand nfp
It's has been so difficult for me trading on my own because i have had much losses.Think the real market is manipulated, please can anyone help me out or tell me what I'm doing wrong.
Hello there. If you are struggling with trading, you can register for 7 days free trial at our academy. I'm sure it will be helpful for you. Here is a link: www.forexsignals.com/