Non-agricultural data released once a month will always cause turbulence in the foreign exchange market. Many traders expect to use the strong volatility of the foreign exchange market during the non-agricultural data period to make a lot of money. However, the foreign exchange market has a constant rule: high returns are often accompanied by high risks. Non-agricultural data can bring great profit opportunities to foreign exchange traders, but it also brings great risks. Today we are going to talk about how to control risks in foreign exchange orders during the non-agricultural period in the United States?

How to control risks in foreign exchange orders during the non-agricultural period in the United States?
I think the first point is to not participate in placing orders within ten minutes before the non-agricultural data is released, mainly because the foreign exchange market has begun to be turbulent in the ten minutes before the non-agricultural data is released. The release of non-agricultural data is often sudden. Traders must not try to guess the non-agricultural data of the month and put all their bets on it. The market will always give various surprises. So to sum it up is to not participate and place orders before the release of non-agricultural data.

So how should foreign exchange traders control risks after placing orders after the release of non-agricultural data? It is recommended that you do not make an order ten minutes after the release of the non-agricultural data. Because the foreign exchange market tends to be very unstable at this time, the common situation is that the foreign exchange trend changes sharply. At this time, most foreign exchange traders tend to be at a loss, so it is not recommended to place orders.

Then after ten minutes, traders can take orders, because the non-agricultural market will last about two hours after all. At this stage, traders are required to carry out risk control. The most effective risk control method at this stage is to control the position and perform wet storage operations. It is recommended that traders cut their positions by half, and reduce the position for placing orders to 50 to 30% of the normal non-data market.

How to control risks in foreign exchange orders during the non-agricultural period in the United States? What I want to remind everyone is that once the market suddenly turns when making orders during the non-agricultural period, stop losses in time. Generally speaking, the risk of placing orders during the period of non-agricultural data is still considerable, and traders are advised to exercise caution.