How to trade just before major announcements | Crypto Craft

  • How to trade just before major announcements

    From blog.hycmlab.com

    When a major news announcement is about to be released financial markets typically consolidate. Ranges become smaller, volume dries up, and volatility falls. Why? Simply because few traders want to take financial risk prior to a major news event. This article will give you some general tips on trading just before a major news announcement. The greater the risk of the event the less direction you can see prior to the meeting. So, a hotly anticipated central bank meeting will see more of a price ‘freeze’ (period of smaller range activity) than a lower-tier economic data point that the market is not looking at. The ... (full story)

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breathe
Oct 10, 2022 2:26pm
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My strat for trading before major announcements: Don't. Even at 45 mins out, I'm wary of taking any trade.
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Hurst
Oct 10, 2022 2:35pm
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I can tell you all through research, this article is super grade1 horse manure. I know exactly how to calculate the possible levels right before a news event and this is certainly not how to do it. If you tried this before NFP last week on the SP500 you would not even had the chance to get in before the SP500 jumped 400 points down.

I cannot do this for all markets just the SP500.
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