Quote:
Originally Posted by Rosemary
Hi ,
Can someone please tell me how the cowabunga is handled on nfp day? I know to be out of the market before the news is released, but what about the taking 8:30 or 8:45 candle? Thanks very much.
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This is the one news item to stay away from even at those times Rosemary. It can be extremely volatile so essentially means you can be easily stopped out even if you are positioned in the eventual direction of the move. I wait an hour for things to settle and if there has already been a strong directional move usually leave it and have an early start to the weekend