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How to Trade Forex News Nonfarm Payrolls strategy – How to trade forex on economic news releases

July 3, 2014 by Igor

This question “How to trade forex on economic news releases ? ” is very very common question.
We will write several articles about this problem in next weeks. Now want to show one great strategy which can be good :

I read articles from Jamie Saettele on dailyfx.com.And he made great analysis Trading Nonfarm Payrolls? Here is an Alternative EUR/USD Strategy.

This strategy is “fade the initial move.”.

Steps :

1) You wait afther news release.
2) You open 30 min chart and watch trading position on EUR/USD.
3) Buy if close is closer to low of 30-minute reaction
Sell if close is closer to high of 30-minute reaction

See profit analysis :
trading the news analysis

See examples charts from dailyfx :
Nonpayroll forex trading charts

Enjoy !

Related posts:

  1. How To Trade Forex On Economic News Releases – forex strategy with example
  2. How to trade forex using economy news – Trading On News tips and video
  3. Usage of Global Economic Calendar in Forex Charts
  4. Significant Forex News Trading Strategy
  5. Learn everything about Euro Zone Economic Releases – forex trading
  6. How to Trade Using our Economic Calendar ?
  7. How to earn at forex market using forex market news – Forex Fundamental Trading Strategy
  8. Attacking News Event with Price Action

Filed Under: Forex strategy

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