There are two types of traders:

  • traders who trade during news release
  • traders who avoid this periods

I personally somewhere in the middle ;). If there is some very important news publication I rather stay away from trading. Sometimes I trade but with much lower leverage. You have to watch for NFP (once a month). Also, every news from the central bank can be important.

Which news is important and which is not? You have all information in online scheudles like:

Of course, it is recommended to learn more about each economic data factor.

Anyway, during a day we have many data publications. I normally trade during that time. I simply have calendar opened from DailyFX. Thanks to that I know when volatility can be higher.

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Forex scalping and daytrading – indicators: