Get out of an operation during economic news?

[Sesiressaesrosg]

Hi, news is coming up and I haven�t entered the market yet. I prefer to wait a bit until they pass and then I do. Why don�t I go in during the news? The spread between the Ask and the Bid can be quite expanded. The difference between the entry price and the current price is very low. That makes the price can move quickly against you and the lag can be big. But, what if I�m already inside an operation and they come news? Why does the spread change the situation? The spread doesn�t matter so much because you already paid it on the way in. The difference between your entry and the current price can be big, which gives you a safety mattress against sudden movements. And if the current price is very close to the entrance? Let�s say, 10 pipes. There�s not enough difference to protect you from fast and strong movements. The SL could be activated with much delay. So, what�s more dangerous: the spread or slip lag... or both? What was your experience and how do you manage those situations? Thank you for bringing.

[Sesiressaesrosg]

I didn�t know the spread could affect even after being inside the operation. But it makes sense if you think about it. If the spread expands while you�re operating, the ASK price is the one used to close the operation. Then there are two possible strategies: Get out before the news. Move the SL, accepting a major potential loss. Remove the SL completely. And honestly, the third one seems crazy to me. I read that during the NFP at ONDA spreads can reach 151 pips. I swing trading, and even to me that�s a barbarity. Does anyone have experience with the TICKMILL broker during news, or with others?

[Sesiressaesrosg]

It's simple. If you do scalping, use flexible spread and avoid trading during news. If you're swing trader or more, work with steady spread and stay on the market when spreading.

[CoCoc7]

You've answered yourself, great. Plus, you should read a little bit about the types of orders. It's not just about getting in or out, but if you use market orders, limit orders, or specific broker functions to control the maximum slide. When you understand all that, you're probably going to want to stop using MetaTrader. That said, doing scalping during high-impact news like the NFP is crazy. Some "scrap" brokers artificially inflate the spread, but even the good ones don't have absolute control. Spread is the difference between two prices, and these may come from participants other than the market.

[axesesrTc98]

Spreading always matters.

[uoCoono]

A trader scalper should be consistent in taking advantage of market opportunities, even if the profit per transaction is low. If he manages to maintain consistency, the profits can be greatly optimized.

[stogaS61]

There is economic news with strong impact. If the published data deviates a lot from the forecast, the market movement will be great. Plan your operation and run as planned... but depending on the news.

[xesvu]

There are three good reasons to avoid operating during news: Huge Spreads Violent and erratic Movements Unexpected results pushing the market in the opposite direction to your open operation.

[nuNinuNesnu]

Hello, How do I know if I should buy or sell when news comes out? For example, if good USD data comes out, should I buy or sell NZD/USD? Thank you.

[Tesrudo]

During the release of news, the market has a brutal volatility. Many times your SL is activated even if the price then reaches your TP. That�s why it�s key to be very careful with open operations at that time.