DislikedGBPUSD -I waited the signal from MACD in 14.00 and I was ready to go short because it was ideal setup but thanx to this thread I understood for NPF and stayed away.
I want to ask a question-when NPF is?Every Friday or not and what time is usually?Thank you.Ignored
Source Bureau of Labor Statistics (latest release) Next Release Jul 3, 2008 Measures Change in the number of employed people during the previous month, excluding the farming industry; Usual Effect Actual > Forecast = Good for currency; Frequency First Friday of the month; FF Notes This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts; Acronyms Non-Farm Payrolls (NFP); Also Called Nonfarm Payrolls, NFP, Employment Report; Why Traders
Care Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;