🚨IMPORTANT NFP REMINDER – FIRST FRIDAY OF EVERY MONTH 🚨
Hello Zenith Forex Traders 🥳
Please remember that every first Friday of the month is usually NFP Day — Non-Farm Payrolls.
NFP is one of the Biggest Economic News Events in the Forex market. It shows how many jobs were added or lost in the U.S. economy, excluding farm workers. Because the U.S. Dollar is involved, this news can cause extreme volatility, fast spikes, fake moves, spread widening, slippage and sudden market reversals.
For the aforesaid reason, we strongly encourage Beginner Traders NOT to trade on NFP Day because the risk is too high.
Experienced Traders may switch on their Bots 15 minutes after the NFP News Data Announcement, once the volatility has started to decrease and then allow the Bots to enter based on continued market momentum.
📚 Please always visit the Zenith Forex Classroom, as this information has already been added there for your guidance. Also remember to Download Investing.com App to keep tabs on which Economic Calendar News to pay attention to as per the Classroom Lessons.
Trade with discipline. Protect your capital first. Profits follow proper risk management.
⚠️Trading Disclaimer: Trading Forex, indices, commodities and synthetic or automated systems carries risk and may result in loss of capital. Only trade with money you can afford to lose. Past performance does not guarantee future results. Always apply proper risk management.
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🚨IMPORTANT NFP REMINDER – FIRST FRIDAY OF EVERY MONTH 🚨
Zenith Forex
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World-class Hands-Free Beginner Friendly Trading Automation. Precision. Discipline. No hype — just trading excellence from: SA-Menlyn Maine, Pretoria
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