🚨 Why I Avoid Trading During High-Impact News!
Today at 8:30 AM New York time, a high-impact news release created massive volatility in the market.
Look at the 8:30 AM candle on my chart. Price moved aggressively in both directions, hunting liquidity and triggering stop-losses.
🔴 The red-folder event on Forex Factory indicates high-impact news.
Why I avoid trading during these events:
Liquidity can be hunted in both directions.
Stop-losses can get triggered unexpectedly.
Market direction becomes unpredictable.
Entering without confirmation is pure gambling.
I would rather miss a trade than risk my capital during unpredictable news volatility.
Remember: Not every market movement is an opportunity. Sometimes the best trade is NO TRADE.
I follow ICT and Smart Money Concepts. I wait for liquidity sweeps, market structure and confirmation before entering.
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