USD Nonfarm Payrolls - 20-08-07

Date Friday 7th August 2020
Time 12:30

USD Nonfarm Payrolls is released prior to the open of the US session. We are using much wider triggers than normal due to the current macro economic situation.

We add USD Unemployment Rate as a Conflict and we look for a spike of 20-30 pips if a trade is triggered.

What happened last time?

USD Nonfarm Payrolls – 20-04-03
Time 12:30
Forecast -100
Actual -701
Deviation -601
One minute spike 21 pips

How we setup

Main Event USD Nonfarm Payrolls
Market USD/JPY
Deviation +/-1500
Prior 4800
Forecast 1600
Triggers Buy >3100
Sell <100
Conflict 1 USD Unemployment Rate
Prior 11.1
Forecast 10.5
Triggers Buy <10.5
Sell >10.5

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