What is it with traders that still like to trade the NFP report?

I mean, a few years ago it would seem like the way to go, the market would move 100 or even 200 pips in just a few minutes…

I even knew a few traders that only traded the first friday of the month, that’s when the NFP report is released. But back then the market moved like crazy around those times.

And the strategy was very simple to follow:

A few minutes before the news announcement, traders would set a buy order, say 20 pips above market action, and a sell order 20 pips below t it. And wait for the market to trigger either one of them…

The market would trigger one of them, they’d sit back, relax and see the they account grow by the minute…

But now its different…