I have been trading FX for a little bit now (demo) and I am doing good except for a couple times where there have been huge sudden changes.
I have since discovered that these were because of NFP and FOMC.
In the time I had no clue what NFP or FOMC were what they stood . Had I known about them I would have managed to leave the market for an hour or two and I would have a fairly good profit. They account for the majority of my losses.
Most of the newbie guides I have found haven't mentioned things like that.
Is there some guide anyone can refer me to that's a list of different big events (and even small ones) that can affect the market, with a brief description of what they are and when to expect them. Or when an event is regular but not specifically scheduled on a fixed time/day, at least to go to maintain up to date on finding out when the next one will occur.
The only events I have heard of are NFP FOMC and CPI and that I just know when NFP will occur. I am sure you will find more, both to the USD and the other majors. If there isn't a guide , it'd be fine if somebody could make one and make it a sticky. I am surprised I haven't managed to loe one.
Thanks,
Adam