How to Trade the News (CPI, FOMC, Non-Farm Payrolls) 👍

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News Trading. News trading can be good but it can also be dangerous depending on how you're doing it. Taking too much risk during such times is a no-no.
Top tier news - FOMC, Non-Farm Payrolls, CPI
Second tier news - New Home Sales..etc Expected moves are lower for these kind of news releases.
The first thing I look is the initial reaction which can lead to spikes. You are playing with algos and sharks here. Then you have the re-price, trap and chop. OK.

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  Forex Trading