What's the diff b/t ADP NFP and NFP?

And my second question is...

From the color chart, the ADP NFP is not as volatile as the NFP?

*Hint* click "read" to the right of the name and it will tell you all about it

andersenws

Thanks. The Trojans had trouble stuffing the Beavers last week.

Ouch! I deserved it, though.

andersenws

Hilarious!

Does anyone know if the ADP NFP is a good indicator to what the actual NFP numbers will be on Friday?

it's too early to tell, adp just started reporting this number in April or May, i forget. but i know last month it was a good predictor!

I'm just kidding. My alma mater had their own problems with Texas Tech but we managed to pull it out.


Needless to say, I really enjoyed the Rose Bowl last year.

i tried to fade this about 3 times (aug/sep,oct) now times but the reversals have been very fast.

later, i'd put limit buy/sell instead 15 pips away...

Will be interesting to see if traders have forgiven this report yet. I would think that it will not take much to hurt the dollar further.

actually it helped USD by 20 pips on GBPUSD...

yawn! what a slow day.. 4 pips on that fade

wow im surprised u would even play 4 pips lol, are u kind of a scalper at heart BK?

it is to early to judge but it gives strength to the consensus of 130,00 4.6%


I have not had much time this week, the thing that caused the confusion last month was due to a revision, but has there been another revision since and will this effect this months figures ie have a shock 260,000 then 4.6% resulting in a whipsaw.

the stork bought me a present last week (baby boy), and i am very tired, could have even dreamt it, thoughts/corrections appreciated

i currently have no open positions... they all TPed at a low 9020 .. so 4 pips is still a good trade nonetheless.

still good to cover the cost of energy for the whole month

Hai all

I would like to know ADP and Private NFP difference?

This video is a couple of years old but it's still a very insightful explanation of the relationship between the two reports. It also goes a long way in explaining what a heap of bullshit the NFP number is when you consider the margin for error in the BLS sampling process.