Currency Markets Outlook March 13th – March 18th.
News events should a trader look out for to avoid trading the WHOLE day As we know FF has a calendar with all the red news but a lot of those news releases don’t cause much disruption for the whole day, maybe for an hour. All news is not important. Currency Markets Outlook March 13th – March 18th. We always suggest to all specially new trader that you should avoid trading during important news releases, like unemployment claims, gdp, interest rate based news, etc. High impact News release time is very risky , some times market turn so fast that traders are fail to follow it. We can not analyze well about movement either it will go up or high. It all depends upon the pairs you are trading with. This does not mean you must close all trades before the weekend arrives or before news is released. Avoiding such events are strictly a precautionary measure in case the event creates a large one directional movement.
ALL TIMES ARE LISTED IN GMT.