Binary Options Non-Farm Payrolls (NFP) Trading Strategies

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Binary Options Non-Farm Payrolls (NFP) Trading Strategies

Posted on by John Thiel

What is The NFP? The non-farm payroll report is a monthly “bill of health” provided by the Bureau of Labor Statistics which provides a numerical snapshot with regards to a rise or decline in the amount of payrolls issued to around 80-85% of the US work force not employed in the farming industry and excluding government employees. The report is used by the government as well as leading economists, and in turn Forex binary options traders to evaluate the economic state of affairs and of course derive insights while engaging in predictive modeling formulas. Why do binary options traders wait for …

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EUR/USD Forex Binary Options: Limitations in Identifing Entry Signals When Using Fibonacci Levels

Posted on by John Thiel

A lot of technical traders use Fibonacci Levels to trade Forex binary options (a.k.a currency pairs). However, most don’t really understand how it works and how to select the best trading software and platform. Needless to say, the strategies that can be utilized in order to identify the correct entry and reversal signals are all dependent on your understanding of the markets and the tools you are using. If you have any doubts, it’s best to inquire because it can get really dicey out there if you don’t know exactly what you are doing. The Limitations of Using Fibonacci  Using …

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