NNON-FARM PAYROLLS: WHAT DO WITH STOCK MARKET ASSETS?
On March 6 at 12:30 GMT Non-Farm Payrolls is to be released.
This report shows changes in number of people employed in USA non-farm sector. Total number of people employed in this sector is about 80% of workers producing USA GDP.
If the data increase, the dollar price rises too. Therefore, it is also called the "indicator that moves the markets".
Learn what FreshForex analyst tells about it:
"The ISM employment rate for the service sector, which is usually the leading indicator of Non-Farm, was at 55.6 in February, the highest level for the past seven months. We expect the release of positive data, which will positively affect the stock market assets. On Friday consider buying #Apple, # MasterCard, # SP500, # DJI30"
And we also extended the cancel of swaps on indexes until March 31!WORKING METHOD FOR TRADING
High volatility and coronavirus news continue to dominate markets, and traders seek stability and certainty.
Our trading strategy is not afraid of coronavirus and doesn't depend on season. Starting this year profitableness was 30,3% — positive results are registered in January and February.
Trading with this strategy takes three minutes and will bw suitable for starting and active traders.
What does strategy include?
— level of position opening;
— Take Profit and Stop Loss levels.
The average Take Profit is 2.2 times more the average Stop Loss, it means, that the strategy is profitable.
Receive the strategy in two steps:
1) Fund the account with 50$ or more from March, 4 to March 31, 2020.
2) Send e-mail to firstname.lastname@example.org
, where you have to specify your trading account number, funded with 50$ or more.
Trade confidently with a profitable strategy!EVENT OF THE WEEK: NON-FARM PAYROLLS
On Friday, March 6, the February nonfarm Payrolls will be released. For this reason, the main theme of the webinar will be "how to prepare for NFP trading".
Join the webinar on March 4 at 12:00 GMT, we’ll look at a simple strategy you could use to trade NFP.
You may ask FreshForex analyst any questions about market situation or discuss the latest analytical news on the webinars.
To take part in the webinar use this link and log in. You can also see all the previous webinars here.
Join the webinar and start trading more effective with FreshForex!