Home / Trading signals / US ADP Nonfarm Employment Change

US ADP Nonfarm Employment Change

5
you may vote
0 Comments
United States
Also known as:
US ADP Employment Change
US ADP Nonfarm Payrolls

A remarkable harbinger of the imminent publication of Non-Farm Payrolls is a data from ADP as an unofficial attempt to guess the data of the forthcoming large publication of US labor market statistics. Recently, the market is paying attention to the deviation from ADP data, which turns into good movements leading to trading signals.

Features of the publication

Unofficial Non-Farm Payrolls
Transparency of data, non-conflict
Sometimes, interest fades away, so you need to watch
Markets like to follow the “average data” from ADP
In fact, it is not very accurate

(!) Summer Sale Near The End

Crazy Summer Sale near the END! Do you know about Flash News Trader?

Summer Sale >

The next signal

12:15 Wednesday (02/08/2017)
Recommended trading pair
USDJPY

How to trade US ADP Nonfarm Employment Change

If the data exceeds the forecasts, the USDJPY trading pair grows.

US ADP Non Farm Employment Change is traded very simply, as the market is interested in only one figure, namely, the expected quantitative increase of the employed. Unlike the official data of Non-Farm Payrolls, data from ADP does not conflict, and the market likes it.

The only thing that needs to be monitored is the statistics of past releases, namely, the reaction of USDJPY to the publication of ADP. Statistics for the last four releases shows well the current attitude of the market to this indicator, and this is important since the ratio can vary in different periods.

Accordingly, your choice of triggers will also vary from this: popularity at the peak, we use the minimum triggers. Popularity has moved to the background, we will increase triggers for the trading signal.

You can consider the US ADP Non Farm Employment Change popular if, upon the deviation of +/- 20K, the USDJPY pair reacts to 20 points (well, or so).

Since Non-Farm Payrolls is published on Fridays (the first Friday of the month), then ADP is traditionally published on Wednesday.

 

The change in the number of employed in the non-agricultural sector of the USA from ADP (Automatic Data Processing, Inc) can be considered a leading indicator, which gives it an additional attention from market participants, and it’s good for it.

History of publications

Date:
06/07/2017
Signal:
Sell 1
Cons:
185.00
Fact:
158.00
Dev:
-27.00
React:
10
Direct:
Down
Pair:
USDJPY
Others
Date:
01/06/2017
Signal:
Buy 3
Cons:
185.00
Fact:
253.00
Dev:
68.00
React:
35
Direct:
Up
Pair:
USDJPY
Best entry
Worst entry
Date:
05/04/2017
Signal:
Buy 3
Cons:
187.00
Fact:
263.00
Dev:
76.00
React:
Direct:
Pair:
USDJPY

Comments

Leave a comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Replaces [VIDEO::http://www.youtube.com/watch?v=someVideoID::aVideoStyle] tags with embedded videos.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.