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The ADP Non-Farm Employment Change
For example, if the upcoming The ADP Non-Farm Employment Change has a forecasted number of 191 K, and our standard deviation is 50 K. The actual release came out as 152… what is our course of action? The actual deviation is 39 K, about 11 K away from our tradable deviation, but it’s close enough… so you enter a short trade,on USD/JPY or Long on GBP/USD.
Actual ???? Forecast 191 K Previous 230 K
I prefer t…