The Most Important and Volatile News Event To Trade?

Please, Can anyone who's much learned about trading the news or knows better events in terms of news in forex guide me list of the most important and most volatile news events to trade in forex.

I know of Non Farm Payroll(Employment Change), i need some more list...

Thanks,
noobshow.

Rather than using some cheat sheet, now I use this piece of free software. You can filter the news by impact and currency. You can also see a week in advance. It also adjusts to your time zone and has audio alerts to warn you of the release time. I open it before I begin to trade each day so I can prepare for whatever will happen as part of a normal day. Obviously, there are other events that alter sentiment, such as wars, oil prices, stock market crashes, etc, but this gives you the consistent data.

http://www.fx-metropolis.com/nu_Info.html

Hi dkrock,
Thanks for your beautiful reply, though i have a calendar i check on my platform, but the list i need are for instructional activities...

I need to compile the list in a PDF file for a new friend in the forex business...

Thanks,

noobshow..

Top 5 worst things to do in a trading business.
5. Trade using Elliot waves.
4. Trade using Fibonacci lines.
3. Trade using yesterday's support/resistance lines.
2. Trade using Price Action candle shapes.
1. Trade pending news releases.

The first 4 lock your brain into an imaginary direction, created by you, and not the market. The last one is just ridiculous, lol. At least the previous guesses had a line, but news has nothing and typically the market makers, and various other villains, trigger pending orders and then drive them to their stop loss in both directions. Kinda really stupid to allow yourself to be in that action, but hey! Good Luck!

The author of this book is/was a news trader. Not sure if he is still active or not. His website is in disrepair and his emails are sporadic now. Must have gotten his clock cleaned, or got so rich he doesn't care anymore? You choose. Either way, I am pretty sure this is a free ebook. The analysis is old and might need adjusting in some cases.

Your list is heavily biased because of your own experience but it does not hold the "grand truth". There are many people who profitably apply the methods you would consider a mistake and if it works whats so bad about it? Yes I really dislike using fibs elliot waves as well but thats not the topic here. News trading is part of my monthly trading and I would not want to live without it. Being aware of news event is always a good thing and I would never let someone trade who doesn't take a look at it. How often have we seen threads like "why did the pair just move xx..", "I lost all my profits in a single minute .." etc.

If you are talking about single economies the unemployment releases are usually the great big movers if the economy consists of several states it gets a little bit more complicated and not obvious. Interest rate decisions move the market a lot. I won't give you a detailed list as it took me an an enormous amount of time (and a little bit of money) to compile it. There is a service on the internet which recorded the price movement for news events. I see if I can look it up and give you the link but it's a paid service. You also can take a look at the fpa news calendar which saves the charts. You will notice that the importance of certain news events changes over time and that there are periods where the same numbers result in less movement. The biggest problem is that some events might not move the market at all for the majority of their releases but once the numbers are beyond a certain treshold you can see an instant 80 pip move in once direction. Furthermore there is a huge difference in "high impact news" or however any of the calendars classifies the most important news. By my own standards I would maybe classify 6 to 7 news every month as high impact.

I will take a look at the pdf, thank you for the link. I have heard really negative stories about henry liu, many people classifying him as a scammer so be cautious when using his work.

Thanks so much for your hints and advice...Glad to receive one.