DislikedHi, would someone mind telling me where i can learn which news releases might have an adverse affect on this system (GBP/JPY only)? Thanks!Ignored
You can go to this website:
even the front page on www.forexfactory.com
and see the news releases for the day (or week)
I like fxstreet because they list the expected volatility for each news release (that doesn’t mean that it is always correct, but it usually is). You can also be assured that the non-farm payroll release (United States - usually the first Friday of the month) will also likely lead to a volatile few hours – even on the crosses like the GBPJPY.
Basically, you want to watch out for any news releases from Japan or the UK.
Hope this helps.