N1592 – Trading Strategies Spring/Summer 2018
Live trading assessment Friday Non-farm Payrolls
May 4th 2018 12.30-14.30 Location: Pevensey 2D8 + 2D9
Non-Farm Payrolls (NFP) is one of the world’s most important Economic indicators when it comes to quantitative information that moves all financial markets. The data represents the amount of jobs that were added or taken away from the US economy in that particular month and is a great barometer of how well the economy is doing at that time.
The figure comes out on the first Friday of each month at 13.30 GMT and traders around the world will be focused on all markets for its release and reaction. Trading opportunity will always present itself when the figure is released.N1592
Your assignment is to be split into three parts all carrying the same weight of assessment marks.
You will be allowed to use a charting website to assist in your technical analysis and the figure will be delivered live by a squawk.
Guidelines and marking criteria.
You will be assessed on your ability to include factors that will have an impact on predicting the NFP figure in your analysis and solid reasoning for your thoughts on the figure. This should be no more than 500 words in length.N1592
Your trade(s) should be made in the right direction with the correct risk management and order types. The trade(s) should be placed on the OSTC software as well as the orders related to the trade(s)
Your analysis should be a critique of both your prediction and your trade(s). How could you have made more money or lost less on your trade. This should be no more than 500 words in length.N1592