Hello fellow traders!
Lets say tomorrow are some important news for the EUR. Why trade the EURUSD tomorrow at all and instead focus on a Yen- pair? There is much less stress in this approach, because there is no need to watch the time constantly.
I am a scalper myself and always stop one hour before the news and continue one hour later. On NFP days I dont trade at all. I still will not trade on NFP days, because they are rare. But the regular important news can in my opinion be avoided by switching pairs.
What do you think?
Lets say tomorrow are some important news for the EUR. Why trade the EURUSD tomorrow at all and instead focus on a Yen- pair? There is much less stress in this approach, because there is no need to watch the time constantly.
I am a scalper myself and always stop one hour before the news and continue one hour later. On NFP days I dont trade at all. I still will not trade on NFP days, because they are rare. But the regular important news can in my opinion be avoided by switching pairs.
What do you think?