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andrew-profit-trader-winner
Apr 24, 2017 3:37 PM

EURUSD [Price jumps out of the building!] France Election 

Euro Fx/U.S. DollarFXCM

Description

I loss trade both in EURUSD and EURCHF due to strong price jump during the weekends.

Reason:
Highly relevant news event could increase price volatility, therefore it is difficult for the trader to intercept the sudden move.

Trade closed: stop reached

Comments
Deep-Peat-Shark
I see you learned your lesson :) Yet, I agree with your macro economic trend analysis, it may still pursue. Just don't set your stops too tight before a major news event. Proper risk management of this particular trade should incorporate the event and allow the spike drawdown on your account within your account's risk boundaries.
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