Today's news release, NFP (non-farm payrolls) statement will be announced earlier than it used to be. The statement is usually announced Friday, on the first week of the month. Watchout for a false signal given by 4hour MACD as this can lead to a losing trade because NFP news could give a high impact to the market.To share my experience, when I was a new trader I've traded before the statement, didn't set stoploss and I got myself burnt. I suggest people not to take a trade before, or during the news. However, taking a trade after the statement would be much safer.
Mairza
Image taken from forexfactory
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