What's your plan for the Sept NFP release?

Hello, anyone planning on trading the US Sept NFP release? I’m trying to look for setups on the comdolls but I’m interested to know how you think the report will affect the dollar.

Will it react to risk (weak data = pro-dollar, strong data = anti-dollar) or fundamentals (weak data = anti-dollar, strong data = pro-dollar)?

I think that fundamentals is like gambling and too unpredictable. Price action is what I will be looking at. I will be looking for my system to tell me to buy or sell based on how price is moving :slight_smile: I think this is how the big players do it.

NFP data release is an important event, in current market situation i will prefer to stay out…

I was long on the USDCAD prior to the NFP release. However, two consecutive days of low volatility + unpredictableness of NFP made me close my long for a small profit. And good thing too, as the USDCAD tanked shortly after. :slight_smile:

Congratulations on your winning trade!

I’ve heard that NFP was canceled, it is indicating that the USA economic really suffer of totally bankrupt…
The first sign is shutting down the US goverment…