November 4 Non Farm Payroll

some of the traders dont recommend to trade on this news for the reason volatility is high and it is a market mover. This means if your a regular trader with stop lost between 20-50 pips high or low the possibility that this will be hit is HIGH on my past trading i see lot of volatility movements from this news. and that make this Risky.

Possible to happen you will loose more than your desired stop lost price which i experience this one.

however i have found a way (hope im correct)that the market can give a signal  technicality. Although this is just my observation but im documenting it to gather every data i had during NFP time. I have seen this signal before and i have seen it again now so ill better document it to see if this can be a reliable way to trade on NFP

in this pic I have observe that almost all NFP candlestick will really consume the spand width of Bollinger bands, because of this I could look for over bought or over sold candle stick on 5min chart once confirm i could start a trade 5min before the NFP. this is just my observation and im going to dig deep on this, and review all the NFP for this year to find out if i could trade NFP with less risk.