I am bullish on NFP and expect prices to drift sideways the whole night up until 6-8am until 08:30 when NFP will release. It should dump down only for it to be bought back up and continue on to new highs.
I will show the last NFP's and show how all of them were bullish.
April
March
February
January
December
November
October
September
August
July NFP
June NFP
May NFP
As you can see, the past 12 NFP's have all been bullish and had higher prices. Only a few actually sold off later on in NY session. The vast majority have all grinded higher. I will expect the same for May 3rd 2024
I will show the last NFP's and show how all of them were bullish.
April
March
February
January
December
November
October
September
August
July NFP
June NFP
May NFP
As you can see, the past 12 NFP's have all been bullish and had higher prices. Only a few actually sold off later on in NY session. The vast majority have all grinded higher. I will expect the same for May 3rd 2024
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This is my gameplan, a dump down into prime buying locations only to rip higher
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NFP was bullish as expected, took out that high on the dot. Price is now up 1.3% on the day before NY has even opened. How much higher can it go? 2%? 2.5%?
Here is November NFP