Best Strategy to Trade Non Farm Payroll (NFP) News || English Subtitle - YouTube

Hello Traders !!!

Today I am presenting you a new trading strategy

about how to trade Non Farm Payroll !!!

NFP is most important for US ecenomy

So when news release, we can see a great market movement in trading platform

So i have a good trade strategy to make a good amount of profit after the news release

Lets start to watch strategy

We need to mention that this strategy best works on EURUSD, GBPUSD & USDJPY

Other pairs may not work much as well

So we should focus on these three pairs

Then what will be the trading strategy?

Trading strategy is very simple

We should use 5 minute chart only

We should place a buy stop & sell stop above & below the bar that crossed NFP bar by 15 pips

We must enter & exit on the same day

We should see some example that relate this strategy

So, Lets have a look !!!

This is the data of GBPUSD 5 minute chart

So this is the NFP candle

This little candle breaks the NFP candle

So we should place a buy stop order 15 pips above this candle and a sell stop order 15 pips below this candle

We can see that...

Market did not hit the sell stop order

and it hitted the buy stop order

and made a good amount of profit for us

Lets have another example !!!

It is also GBPUSD 5 minute chart

This is the NFP bar

This huge bar crossed the NFP bar

So we should place a buy stop order 15 pips above this candle and a sell stop order 15 pips below this candle

Market hitted the sell stop order

and make a good amount profit for us

So what will be the SL & TP ??

In 5 minute chart...

We should use the previous high for SL or trailing stop

We may use parabolic SAR or MACD to know the exit point

We must try to get 25-30 pips profit per trade

Do not want to make a huge profit with this strategy because it may be dangerous

Lets have a look on the most recent chart

This is EURUSD 5 minute chart of april month

So this is NFP candle

after 2 candle, This candle breaks NFP candle from above

So we should place a buy stop order 15 pips above this candle and a sell stop order 15 pips below this candle

We see that market after some retracing can not get hitted by buy stop order

and hitted sell stop order

We should place the trailing stop or SL above the previous candle

& we can make a good amount of profit of 40 pips

We may use Parabolic SAR or MACD to know the exit

again look at the GBPUSD 5 minute chart

It is also April Data

This is NFP bar

& this candle breaks the NFP bar

So we must use this strategy to place buy stop and sell stop orders by 15 pips

so this candle hitted the sell stop order

So we must use SL or trailing stop from previous candle

That is this candle

and we can make a good amount of profit of 76 pips

What should i recommend?

I must recommend that

We must try to get 25-30 pips profit per trade

Because market sometime make up with much volatility

and there may not a good movement so much

In general market moves 25-30 pips after NFP news

and then may reverse

so we should be happy to take 25-30 pips per trade

If you want to make more money then you may increase lot size according to you risk reward ratio

So thats all the strategy

If you have any confusion then do not hesitate to comment below

Finally you should not forget to subscribe us !!