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Pre-News Trading Rule

Phil Newton's picture
Thu, 04/02/2010 - 13:53 - Phil Newton

Hi Folks,

Thought I would put a reminder about pre news trading given that its that time of month again.

Prior to major news items like Interest Rates, NFP, FOMC statements I adopt a rule that;

If I'm not already in a trade, I'm not looking to place a new trade until after the news.

With the FurQuad strategy this cut of time is 10am UK hours.


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