a.b
Education

TRADING NEWS

FX:EURUSD   Euro / U.S. Dollar
How do you trade when important news are scheduled to come out? Do you fall in A or B case or do you usually go with any of 1, 2 or 3 approaches?
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Comments

ab,
i typically don't trade the news.
seen too many wild swings then reversals.
if I have a good hunch and volatility are low you can BUY options.
I once sold 2 handles calls out of the money on the euro on the day before the payrolls.
it was such an outlier I took a huge hit. the euro moved over (2) handles on the payroll number.

+1 Reply
a.b RobertZafaras
@RobertZafaras, safer approaches always pay off over the long term
Reply
It depends on the type of news and whether or not the news itself will be a trigger into a position trade or a deal breaker from a macroeconomic perspective.
Reply
a.b Rocketman
@Rocketman, sounds good!
Reply
If you choose any of those options you're right, but personally i'd do 3
Reply
a.b droyovirgili
@droyovirgili, legit and safe. It's definitely a good approach
Reply
LOL! Does that mean I get to take every day off
Reply
a.b Ed-Holmes
@Ed-Holmes, pretty much ;-)
Reply
B -Take the day off :-) Trading on news is never a good idea
Reply
a.b Ed-Holmes
@Ed-Holmes, News come out every day though... just kidding ;-) I'm in B as well for highly impacting news
Reply
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