DislikedHonestly however, news trading isn't as secure as it used to be in the old days, probably due to unpredictable behavior and widening of spreads.
Good luck...Ignored
However, if you watch the news events over time you will notice that there are common PA reactions to given news announcements for a given currency pair, and across pairs.
Recurrent PA = predictable PA. Predictable PA = free money.
I am always on the lookout for predictable volatility and I want to exploit that. You can count on volatility around certain news announcements (obviously) and if you can trade said volatility in a manageable way (don't try to catch the whole move - enter after the worst of the whipsaws are done, etc) then you can reliably profit from trading around the news.
"If The Fool persists in his Folly he will become wise." - William Blake