Trading on News Releases

End of a trading day. I had some success in trading news reports today. You get all the excitement when you trade ahead of important economic news releases. Your trading seems to found a purpose. You want to beat the market crowd by having the best possible price before the news event. After the news, you immediately see the markets tick, swing or even change direction completely within a matter of time. It is easy, painless and straight forward. You get paid off well in the end if your risk-reward ratio is right and rational.

And I wish every trading day was like today! Hence, I will be watching very closely the following major economic events for the rest of this week.

Major economic events this week

Tuesday - Dec 4
2.00 pm CAD Interest Rate Statement
Wednesday - Dec 5
1.15 pm USD ADP Non-Farm Employment Change
Thursday - Dec 6
12.00 pm GBP Interest Rate Statement
12.45 pm EUR Interest Rate Statement
3.00 pm CAD Ivey PMI
Friday - Dec 7
12.00 pm CAD Employment Change
1.30 pm USD Non-Farm Employment Change