not all news based trading events are as straightforward or simple. While in itself this approach is indeed a healthy one considering a trader who is overly reliant on the technical aspects of strategy, beyond that it results in a plethora of missed and potentially good trading/profit-reaping opportunities. Put/Call trade ) and of course the expiry. Avoid pairs that may show a correlation in movement as a result of the news or data.
It is therefore important to remain aware of the impact of volatility that surrounds such events. Theres nothing particularly deep or technical about these strategies either. Price in usdcad fell, because the actual release was lesser than the estimated level including the unemployment rate, which was.2 instead of the expected.1. Given the bullish momentum the trade was called higher to good morton finance binary options effect. Price was within the uptrend after the consolidation pattern. This presents a good tradable opportunity in pairs such as usdjpy, eurusd, gbpusd, usdcad. The news is viewed as a potential trigger for the break.
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