DislikedCurious what type of rules you all have related to trading around the news? Ex: minutes before or after? Non-related pairs are ok or not? Etc. thanks- jasonIgnored
Well i'm quite keen to trade up to about 10 mins before news release as quite often we get some strength or weakness related to the forthcoming news release, then wait for about 20 mins for the price action to calm down a bit and just trade the strongest mover, if its been a high differential news release you will get a strong move one way or the other, but be careful never assume its going to be in the direction of the initial news spike as many times the big boys use the spike to feed them the liquidity to trade the other way. Just go with the market and don't try to work out why??
Just follow the money but don't try to fathom out the reason behind it...
Just taken the 2nd CCI signal on this top trender EURAUD and holding to see what I get from it...
Might add if it gives me a nice pullback....
Feel the Fear and do it anyway!!!