#tip_of_the_day 🖊 Tip of the day Nonfarm Payrolls (NFP) is a monthly indicator of the US labor market popular among traders.  Strategy of trading: Approximately 10 - 15 minutes before the news releases, Pending Buy and Sell orders are set between 25 and 50 points from their current price. ▪️If the data turned out to be higher than the forecast, hold a sell order. ▪️If it is lower, hold a buy order.  This system applies to EURUSD. If the dollar comes first in a pair, then the opposite is true: at high rates, sell, at low rates, buy. Much depends on how big the difference is: 🔹If the difference between the actual and the predicted value is less than 10,000, the orders are deleted 🔹If the difference is more than 10,000, but less than 100,000, do not set lofty goals and continue to monitor the situation 🔹If the difference is more than 100,000, then you can gain 200 to 500 points.  📍Use support and resistance levels to help you set your goals. Also, do not forget to set Stop Loss and Take Profit! #OPINIONLEADER#