Experimenting with volatility on NFP release

I intend to conduct a little educational experimentation with this Friday’s NFP release. I’ll design high reward potential and risky trades ideas, fund them symbolically and watch their evolution over the course of the day. I’ll happily share the protocol and results with you once I’m through, if that’s meaningful.

A few questions arise beforehand. thanks in advance for sharing answers or any wisdom you feel is relevant…

  • In terms of volatility, which pair should get the most impacted pre and post release?
  • Are entry orders on intraday, high momentum moves, effective? Or is the move so sudden slippage will invalidate the idea? (Last Canada GDP or RBNZ’s cash rate shook CAD and NZD the split second the reports came out.)
  • It’ll be Friday. Is that a big factor in how things will move later on during the day?
  • Simultaneously, big news in Canada. Any ideas on the kind of tension that can create on USDCAD?
  • Any ideas, thoughts, jokes?
1 Like