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ForexLive and BK Forex are teaming up for a Non-farm payrolls extravaganza. Trading economic data is hard enough and the NFP report is one of the hardest due to its potential volatility. That volatility is likely to be even greater this month as it comes before what might be a very big FOMC.
It’s generally not my style to trade the seconds before or after the jobs report. I prefer to take the time to assess what the details mean and what that means for prices both short and long term. I like to be pre-armed with levels that I’m willing to trade should the report move the market towards them. Both Kathy and Boris take the same approach as they know that the NFP report can be a lottery of a release.
In the webinar we want to give you an idea of how we analysis a market in the minutes after a big release. We hope that there will be some good trades but just as importantly, we will be on the look out for any bad ones to avoid.