What is the strategy to make a single in the period of foreign exchange non-farm payroll?

Foreign exchange non-farm payroll period to do single strategy is what? 汇查查为您解答:

非农数据交易策略是指利用非农数据对外汇市场的重大影响，发布期间给市场带来的巨大波动做交易。

Non-farm payrolls trading strategy there are many kinds, but this article will introduce this very simple - in the price on both sides of the placement of two opposite pending orders, that is, set up two-way pending orders. The use of this strategy does not need to take into account the direction of change in the foreign exchange market at the time of the release of non-farm payrolls data, but it only applies to the data before the release of the market consolidation of a small amount of the case.

The specific methods of operation are as follows:

1.? 30 minutes before the release of non-farm payrolls data, open the 5-minute chart;

2.? Find the highest and lowest prices on the 5-minute chart;

3.? Place 2 pending orders on either side: a buy stop above should be at least 5-10 pips above the high, and a sell stop below should be at least 5-10 pips below the low;

4.? Set a stop-loss for each pending order: the stop-loss for buy stop-loss orders is placed at the price of sell stop-loss orders and vice versa;

5.? After the release of the data, the price will trigger one of the pending orders, at this time immediately close the other pending orders not entered.

Image source: Hui Cha Cha APP

The take-profit settings are as follows:

1. Set a take-profit of 2 times the consolidation range. For example, if the difference between the price high and low is 40 pips, set the take-profit level to 80 pips;

2. or set a take-profit of 3 times the consolidation range;

3. Another way is not to set a take-profit, but to use a trailing stop, which is continually placed 3 to 5 pips above the fluctuating highs (in the case of a short position) until the price finally triggers the stop, and vice versa in the case of a long position.