What is Non-Farm Payrolls in Forex

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Who and when publishes Non-Farm statistics, how to analyze them. Non-Farm based profit strategies, traps for beginners Non-farm Payrolls is called one of the most important reports directly affecting the US currency. It is one of the most significant events in the economic calendar and forms the basis of strategies built on fundamental analysis. Despite the simplicity of the interpretation of the published statistics, taking advantage of this report is not so simple, even experienced traders are convinced to refrain from trying to open positions at the time of its release. In this summary you will learn: what a Non-farm is, and who publishes it, how to analyze its numbers, what its strategy is based on, what are the complexities of profits, and what pitfalls lie in wait for the beginner trader.

Non-Farm Payrolls: what is this and how to earn with it Mexico Mobile Number List The followers of fundamental analysis do not distance themselves from the economic calendar. Clear! Volatility, since after publishing the statistical reports for a few hours you can earn as much as a trader earns per week, or even more in a calm market. It stands to reason that beginner traders are also keen to make easy money, for whom earning on the news seems relatively simple. And here begins the "Hamster Court". One of the strongest from the point of view of impact on the dollar rate is considered the Non-Farm Payrolls report, which is also one of the most ambiguous, where it is worth abandoning trading. From this summary, you will learn: What is Non-Farm Payrolls, when it is published and where to find information about it How to correctly analyze your value and how to win.



What pitfalls Non-Farm has and why news trading is dangerous for beginners. What is Non-Farm Payrolls (theory) The Non-Farm report is one of the most anticipated reports on the US labor market, which particularly influences the dollar exchange rate. In terms of importance, this countdown is second only to the discount rate. This is a report showing a change in the number of employees in the last month in the non-agricultural sector. This includes statistics on public employees, private sector employees, and nonprofit companies. The total number of employees in this sector is about 80% (20% of those employed in agriculture are not taken into account because it is seasonal) of all employees in the creation of the US GDP.