Non-Farm Employment Change is the actual change in the number of employed people in USA, during the previous month, including the governmental employments, but excluding the farming industry. That is why it is a strong and important news and it shows a very strong impact on the currency market.


”Non-Farm Employment Change” is important for Forex traders, because it makes the market move, and so, Forex traders can take the advantage of the movements to make some money.

Employment is a very important factor reflecting the situation of the economy of a country.

When the number of employed people in a country goes up, it means the economy and industries are doing good and people get hired by the government
and private companies. It means the economy will grow and the country will have a good future. Therefore, people of such a country, as well as the people of the other countries will show more tendency to invest in the country, because they believe their investments will be ended to profit.

To invest in this country, they will have to buy the currency of the country against the other currencies, and so, the value of the currency of the country will go up, because any commodity which is bought more against the other commodities will become more expensive.

When the number of employed people in a country goes down, people of that country and also the other countries will show less tendency to invest in the country, and those who have already invested will get out of the markets. For example, if they have bought properties in that country, they will think that as the economy of the country is not doing good anymore, the price of their properties will go down and they will lose money.

Therefore, they will sell their properties and take their money out of that country. Many of them will sell the money against the other currencies because they want to invest their money in the other countries that are doing good. Selling a commodity against the other commodities will cause the price of that commodity to go down. Therefore, if the employment of a country goes down, usually the value of its currency will go down too.

Learn what are Non-farm Payrolls

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As long as we think that trading is about analysis and the right style for trading, we cannot accept that we are making a mistake.

We are prejudiced against the idea
If we get a stop, we say that we were stop hunted and now it will come back
And this prejudice intensifies our feelings
For us, the loss means to throw our heads, to put us on the spot, and double the psychological pressure is created
Our focus should be on capital management
Stop losses before they get big
Maximizing profits as much as possible to the extent that you abuse the tools you have as much as possible
Our beliefs directly affect the way we feel
How can we believe that reducing losses is beneficial for us in the long run?
By doing it and seeing the results

If we can replace the old habits with the right ones, 90% of the way has been completed‌‌


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@KarenWilsonfx

"Everything around you that you call life was made up by people, that were not smarter than you, just that they are always willing to try.

💡The biggest Risk in life is not willing to give a try. You never know if, things will work out until you try.👌

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You must be strong and a learner...
When you reach a stable state and your process is on the upward slope, here is the next challenge that you didn't know existed until now! "Fear of happiness"

If the worst physical disease is cancer, fear of happiness is psychological cancer!

what happens Your brain cannot believe such a thing! That it was finally fixed, that making money can be so easy and with one click, that now you can see the numbers that you dreamed about... the brain is scared! And he wants to stay in the same situation because he knows how to behave in the previous situation, but he doesn't know the new situation!

A very large percentage fall here because in the end they can't win in this fight with the brain! The brain keeps sending disturbing signals to the conscious part!
- It must have been a chance
- Maybe this happened once
- I don't think it's that simple, I must have left something behind

"Fear of happiness" happens in many other places! Usually more for introverts!

This disease is very dangerous! If you feel that you are working very deeply on your psyche and mentality to improve it.

Mental challenges are with you forever. It becomes less, it becomes lighter, but it is always there! ... What are the challenges that even your soul doesn't know now and when are they going to come to you!
The more information you have, the less you will be surprised, the more prepared you are to face them, and the less likely you will fail.