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The Non-Farm Payrolls (NFP) report is one of the most important and highly anticipated economic indicators in the forex market. Released on the first Friday of every month by the U.S. Bureau of Labor Statistics, it measures employment changes excluding farm, government, and non-profit workers. The NFP release often triggers high volatility in major currency pairs, particularly the EUR/USD, creating opportunities for traders who apply disciplined strategies.
Close all open positions at least 10 minutes before 8:30 AM ET (release time). Avoid entering trades before the data is announced. Patience is key—wait for the report.
Right after the release, price usually moves sharply (30+ pips). This initial surge determines the trade direction: Up = Long bias, Down = Short bias.
Look for at least a 5-bar pullback on a 1-minute chart. The pullback must not retrace beyond the 8:30 AM starting price. Draw a trendline across highs (if initial move up) or lows (if move down).
Enter when price breaks the pullback trendline. Long trade: break above trendline. Short trade: break below trendline.
For long trades: stop loss = 1 pip below the recent low. For short trades: stop loss = 1 pip (plus spread) above the recent high. This keeps risk controlled in volatile conditions.
If price retraces more than 50% of the initial move: – Wait for 2-bar sideways consolidation. – Enter when price breaks above/below the consolidation range. – Place stop loss beyond consolidation high/low.
The NFP release creates some of the most profitable short-term opportunities in forex, but only for disciplined traders. At Integrated Binary Options Services, we guide clients with step-by-step strategies, risk management techniques, and professional market insights to turn volatility into profit.