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ADP Non-Farm Employment

Posted by Doug Ragan

Today was the monthly release of ADP Non-Farm Employment Change. Estimated change in the number of employed people during the previous month, excluding the farming industry and government. Being Nov, we trade the Dec ES contract. It was forecast to come in at -188K, and ended up being -203K, so the ES went down. You can see my trade by clicking on the chart.

Click to Enlarge

Click to Enlarge

The trade was 10 contracts short at 1047.25 and I closed 5 at 1046.25 and closed 5 at 1045.25 within 3 seconds for $750 profit.

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