Planning around big releases

Summary

Many traders check the calendar each morning and mark the big releases. Around them, spreads widen and prices can jump past stop-losses. Some reduce positions before a major release, some wait for the first move to settle, and some avoid trading the minutes around it. Whatever you choose, decide before the release, not while prices are jumping.

Key points

• Check the calendar daily and mark the big releases.
• Prices can jump past stops around big news.
• Decide your plan before the release, not during it.

Check yourself

What can happen to stop-losses around a big release?

Practice