7.08.2011

NFP day again

Here comes NFP day again. As usual, I shut down my EAs.

I personally don't trade on NFP and bank holidays. While skipping just a day or two doesn't hurt your equity curve very much, why you have to risk your equity itself by trading on such days on which prices tend to be pretty indirectional?

Market is always there even if you are absent on NFP day. Trading opportunities never die. If your EA is a traditional trend follower, you may want to take a rest on NFP and bank holidays simply because the market tends be indirectional and sudden disruption of price actions may be expected.

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