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NFP

Marise Gaughan avatar
Written by Marise Gaughan
Updated over 2 years ago

Non farm payroll (NFP) is typically released on the first Friday of the month and generally causes market volatility. Trading on NFP day might cause different trading behaviour due to the (often) higher volatility and level of news in the markets.

Use this edge to check if you have an edge on NFP day.

Here is a trader with a weakness on NFP days. Even though NFP days account for less than 10% of his trades, it makes up the bulk of his P&L, costing him $-5,159.

As NFP days generally cause market volatility, so you should check for any link in your performance between these two edges.

Look to adapt your trading strategy based on whether NFP is a strength or a weakness, so that your performance on a NFP day doesn't disproportionately impact your overall returns.

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