Trading and the Non Farm Payroll Economic News

Today at 1.30pm GMT time the Non Farm Payroll economic news hits the markets and usually you would expect some volatility in these markets. Big ticket news items like this can completely mess up your trading system so it’s best to avoid it. I didn’t trade today but if I had done.. I would have lost.

Although there was movement it was choppy and was just moving up and down with no clear direction….

(You can see some movement when the new release is announced)

There are some people who only trade the news releases and do really well from them… I am unfortunately not one of those!!

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Category: Forex trading, Trading