Home Wayne McDonell celebrates 10 years of NFP coverage on
Forex Bits

Wayne McDonell celebrates 10 years of NFP coverage on

The Non-Farm Payrolls release is the “King of Forex Trading” in terms of anticipation,  volatility and impact. On FXStreet, one of the leading forex portals, Wayne McDonell has been covering the event with a 3 hour webinar for already 10 full years. The 120th  edition will be a special one.

Here are all the details from the official press release:

Barcelona “” May 2nd?, 2016 “” FXStreet, the leading Forex information website, is very proud to announce the 10-year anniversary of its “Trade Non-Farm Payrolls LIVE” webinar with Wayne McDonell, Chief FX Market Strategist at TradersWay. The 120th edition of the NFP live coverage will be hosted on May 6th at 11h30 GMT / 07:30 am EDT.

This 3-hour webinar gathers around 400 traders every month on FXStreet. Throughout the years, thousands of traders have participated in the event. Wayne McDonell, a currency trader and coach with over 10 years of experience, provides live commentary and analysis during the release of the US Employment Report. Traders learn how to conservatively trade during news events, why the market moves based on fundamental analysis, how technical analysis applied to live market charts, including how to apply Pivot Point & Fibonacci Theories in real-time. This is much more than a news coverage of the impact of the NFP data on the markets, it’s a real coaching session where McDonell takes time to explain his strategies and to answer the audience’s questions and comments.

“We are extremely proud to achieve this 10-year anniversary covering live this very important economic release. Nobody out there can say they’ve been doing a live coverage of this quality for such a record amount of time! 10 years is an eternity in the internet era”, said Carolina May, CEO of FXStreet. “Wayne has been an incredible partner, not missing a single time the appointment he had with FXStreet users every month. We warmly thank him for his amazing commitment throughout the years. It’s thanks to people like him that FXStreet has been able to offer the best help to Forex traders, and will continue to do so in the future.”

Wayne McDonell is the Chief FX Market Strategist for TradersWay, a Forex ECN Brokerage firm. He has been trading the currency markets in the public eye since 2005. In 2007 he became a member of the National Futures Association, was licensed as a Commodities Trading Advisor and registered Sound FX Capital Management as a Forex Trading firm. He is also the founder and Chief Currency Coach of FXBOOTCAMP.com; one of the very first live training rooms.

“The first NFP webinar started as a collaboration between FXStreet and FXBOOTCAMP”, remembers McDonell. “We both wanted a powerful educational event that was unlike any other. The US Jobs Report was the most volatile of all market events, but it was also marketed by unscrupulous organizations at a way to “get rich quick”. So we thought a live webinar during NFP was the best way to teach forex traders how to be patient, disciplined and conservative. It was a great event and 10 years later, it’s still a very popular live forex webinar. I am happy to share my experiences from trading non-farm payrolls over 120 times and hope to do many more with FXStreet and TradersWay.com!”

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.