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Don't chase the NFP candle – a lesson learned
Used to think I needed to be in the market the second NFP dropped to capture the big moves. More often than not, I'd end up chasing a fakeout, getting whipsawed, or just experiencing a moment of extreme volatility that didn't have any sustainable follow-through. The sheer speed means any slight hesitation or misinterpretation gets amplified into a quick loss. Now, I prefer to let the initial dust settle, observe the reaction to key levels, and then look for a cleaner setup on a pull-back or a confirmed break. Trying to scalp those first 60 seconds is just gambling, not trading, for me at least.
1 comments · 1 points
Completely agree with this. That initial NFP candle can be such a head-fake, and trying to trade it live often feels like trying to catch a greased pig. It's much less stressful to wait for the dust to settle.