Non-farm eve Tips:

Both ECN and STP liquidity are displayed in the form of an order book. Like stocks, there are 5 (or more) quotations, and each quotation corresponds to a certain trading volume, but due to the trading software itself limit, you can only see the price of the first layer (this price corresponds to a certain amount of tradable), if the amount on the first layer price is exhausted, it will be traded to the tradable amount on the second layer price. Until the volume of the submitted order is completed, the final transaction price is the weighted average of the volume and price on these price levels. An order with a relatively large trading volume, depending on market conditions, will often be traded at more than one level of price, so "slippage" may be seen.

When non-farm comes on Friday night, the first-tier quotation will inevitably increase (the scope of the increase cannot be determined, but after the integration of the quotations of multiple banks and bidders, the increased spread will usually be within an acceptable range). Due to the mechanism of multi-layer price transactions mentioned above, coupled with the fact that the prices of the second layer (the third layer, etc.) are not visible on the trading software, and the bid price jumps of the quotation bank, orders with larger trading volumes may appear unsatisfactory transactions (such as large slippage or rejection, etc.).

When non-farm, use the buy stop and sell stop methods (if triggered, the transaction is in the form of a market order), the actual transaction price may be different from the requested price, plus if your transaction volume larger, the final transaction price is likely to be far from the price you requested.

We hope you will be fully prepared before non-farm.

Trading foreign exchange on margin carries high potential rewards but also high potential risks that may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience and risk appetite. Past performance is not indicative of future results, which can vary due to market volatility. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

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