Learn the right way to trade Forex Non Farm Payrolls (NFP) and the News. This video covers the correct strategy to use with major Forex News announcements and very important mistakes to avoid.
NFP & News Scalping Forex Trading Strategy
Step 1: Right Time
Make sure you’re trading at the right times: London Open, New York Open, or the Tokyo Open. Reference our Forex Secrets video for the specific times.
Step 2: Double Reversal Patterns
Look for Double Reversal Patterns at the Right Times.
Step 3: Important Levels
Make sure the Double Reversal Patterns are happening at Important Levels. Important Levels include Pivots, Figures, or any Major Support & Resistance Zone.
Step 4: Optimize Your Entry
Set an ideal Entry. Set an ideal Stop Loss. Set an ideal Take Profit. Satisfy our Minimum Reward to Risk Ratio of 2 to 1. Set and Forget.