Monday, April 23, 2018

Trading the News

Super exciting. I didn't trade but observed the behaviours of other traders. Lotsa AUD news releases today at 0930hrs. I went in at 0925hrs and saw it creep upwards from 0.7586 to 0.7591 at 0929hrs. 4 pips in 4 mins! At the stroke of 0930hrs, woah! Hit a low of 0.758, then rebounded 17 pips to 0.7597.

Too much for my heart to take. I'd rather let the volatility play itself out to a sustainable trend, then trade along with it. Trade safe!

Yours,

X

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