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How Can I Trade NFP Successfully?
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[QUOTE="moonchild, post: 339993, member: 57467"] NFP also known as Money Farm Payroll it's a monthly report on some key economic metrics of the US, markets tends to be super volatile in those moments and you can trade the news by aligning your trading to the time of the release, what happens most times when the news is negative, there will be a massive down candle and a massive up candle for the reverse. How can you trade NFP successfully? You have to pay attention to the sentimental around the news, dig up financial news papers and read experts opinion on the news release and form your opinions. As I always preached, practice good risk management because you can be wrong and due to high volatility you might incur some large losses. [/QUOTE]
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