Hello

I have created this simple NFP strategy. It is very simple, but you will be astonished from its performance.

First of all, we should keep in mind that in NFP, we must keep our stop losses tight.
The main problem with NFP is that brokers will not allow us to catch the order or fill it at our requested price. So here is the strategy:

1. Before NFP, let us say 5 or 10 minutes, before you broker widens its spread or before it strikes a spike, Place a 2 market orders, one BUY and one SELL, for the same pair of GBPUSD. your broker should allow hedging. If not, then use sub accounts. Place SL at 40 pips for both positions.

2. Now you have 2 positions. one buy and one sell for GBPUSD.

3. After NFP is released, you should check the news, and check price action.

4. If the realeased figures are the same as expected, and you see price did not change, then close both positions.

5. If the released figures are better than expected for the dollar, and still no big change in price, then close long positions and keep short one open, if price already changed, also immediately close long order and keep short.

6. if the released figures are less than expected for the dollar, and still no change in price, then close short position, and keep the long one, if price already changed, also immediatley close short and keep long.

7. always, once you are up by at leats 40 pips, move SL to break even.


Happy NFP trading
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