Trading Strategy For US ADP NFP Employment 06/30/10

adp

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it’s own estimate for the private sectors of NFP (Nonfarm Payroll).  This is high impact release and it’s followed by currency traders as they look for hints on the Friday NFP official release.  Here’s the forecast:

8:15am NY Time US ADP NFP Change      Forecast 59K     Previous 55K
ACTION: USD/JPY       BUY 110K         SELL 10K

Trading Strategy For US ADP NFP Employment 06/03/10

hiring

ADP or Automatic Data Processing (NASDAQ:ADP) is releasing it’s own estimate for the private sectors of NFP (Nonfarm Payroll).  This is a widely followed release as traders look for hints on the Friday NFP official release.  Here’s the forecast:

8:15am NY Time US ADP NFP Change      Forecast 68K     Previous 32K
ACTION: USD/JPY       BUY +120K         SELL 0K

US ADP Non-farm Employment Change 03/31/10

8:15am NY Time US ADP NFP Change      Forecast 40K     Previous -20K
ACTION: USD/JPY       BUY +90K         SELL -10K

We’ll be focusing on the ADP NFP Employment Release today and because ADP is the largest private payroll processing provider in the U.S., traders in general pay more attention to this release. ADP releases its version of Non-Farm Payroll numbers about 2 days before the actual NFP based on it’s proprietary private payroll data.

US ADP NFP Nonfarm Payroll 03/03/2010

8:15am NY Time US ADP NFP Change      Forecast -15K     Previous -22K
ACTION: USD/JPY       BUY +55K         SELL -85K

We’ll be looking for a trading opportunity on the ADP NFP Employment Release today, and because ADP is the largest private payroll processing provider in the U.S., traders tend to pay more focus to this release. ADP releases its version of Non-Farm Payroll numbers about 2 days before the actual NFP based on it’s proprietary data.

US ADP NFP (Non-farm Payroll) 02/03/10

8:15am NY Time US ADP NFP Change      Forecast -31K     Previous -84K
ACTION: USD/JPY       BUY +50K         SELL -100K

Our focus will be on the ADP NFP Employment Release once again today, and because ADP is the largest private payroll processing providers in the U.S., traders tend to pay more focus to this release. ADP releases its version of Non-Farm Payroll numbers about 2 days before the actual NFP based on it’s proprietary data. About 80% of the time ADP’s release will go in tandem with the official NFP, but the for the 20% of the exceptions,  we’d get figures that could be totally off from the official NFP forecast.

US ADP Non-Farm Employment Change 01/06/10

8:15am NY Time US ADP NFP Change      Forecast -74K     Previous -169K
ACTION: USD/JPY       BUY -10K         SELL -140K

US ADP NFP (Non-Farm Payroll) Change 12/02/09

8:15am NY Time US ADP NFP Change      Forecast -149K     Previous -203K
ACTION: USD/JPY       BUY -80K         SELL -230K