Choosing to trade during the News and Bank Holidays can make or break even the best traders
Trading during the news has proven to be a way to throw your hard earnings out the door. News and Bank Holidays cause a higher volatility in the market; therefore causing your strategies to fail on a more consistent basis. Only trade during the news if you are using a strategy that works during this time.
Here are two solid news sources that I use daily when trading:
Forex Factory
http://www.forexfactory.com/calendar.php
Investing Economic Calendar
http://www.investing.com/economic-calendar/
Check out both sources and when you see that the volatility in the market is going to be affected at a higher rate; think about taking a quick break 🙂
***Always check the news before you start trading…even if you see a good trade setting up***
Real Time Economic Calendar provided by Investing.com.