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{"id":20249,"date":"2022-08-24T08:39:31","date_gmt":"2022-08-24T08:39:31","guid":{"rendered":"https:\/\/iqtradingpro.com\/?p=20249"},"modified":"2022-08-24T08:39:31","modified_gmt":"2022-08-24T08:39:31","slug":"non-farm-payroll-nfp-news-trading-strategy","status":"publish","type":"post","link":"https:\/\/iqtradingpro.com\/non-farm-payroll-nfp-news-trading-strategy\/","title":{"rendered":"Non-Farm Payroll (NFP) news trading strategy in IQ Option \u2013 Foreshadowed opportunity"},"content":{"rendered":"
Trading on news like Non-Farm Payroll (NFP) can be extremely dangerous for the inexperienced. Instead of trying to chase the news by opening orders randomly and burning up your account, it is better to wait for the market to be less volatile and then calmly analyze to find an entry point. However, experienced traders who have a reasonable plan to manage capital and risk always know how to protect their accounts and avoid common mistakes when trading Forex in IQ Option. Therefore, the news is always a gold mine waiting to be exploited for them.<\/p>\n
Before trading news, let’s take a look at a few rules:<\/p>\n
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No one can predict the future. This proves the indispensable importance of risk management.<\/li>\n
We can hardly know what the news is before it is published (Why? Review rule 1)<\/li>\n
Even if you already know what the news is. We still can’t predict the market’s reaction.<\/li>\n<\/ul>\n
News trading causes the charts to shrink or stretch a lot more than usual. Research shows that news trading is a lot like trading in panic situations. The more influential the published news, the more fluctuated the market and the more \u201cpanic\u201d the market becomes, for example, a Non-Farm Payroll announcement. So what are the steps to trade news? Let’s read this article.<\/p>\n