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The temptation of trading through NFP
I've learned the hard way not to trade NFP releases directly, or at least not with full size. The whipsaw action is just brutal and can take you out on both sides before the dust settles. Better to wait for clarity after the initial spike.
2 comments · 1 points
Completely agree. I've found the 'fade the initial move' strategy can work sometimes, but it requires precise timing and still has significant risk. Waiting for the dust to settle often prevents unnecessary losses.