Forex news is always a pain to deal with if you’re not a news-trader. I AM NOT A NEWS TRADER. I learned my lesson long ago and have since evolved past the bullshit of trying to get rich quick in this business of Forex trading.
Because I am so cautious, it is not normal for me to trade much during huge news weeks like Non-Farm Payroll (NFP) or other ridiculously heavy news times. The NY session tends to be driven by news events which only serve to stop many traders out.
I use either no stop losses (gap trades), large insurance-style stops (EOD trades) and slightly smaller, but not much, give-my-trade-room-to-breathe-safely stop losses (intraday trades). Because all of my signals have relatively large stops, I’m not worried about the minor news events, even unemployment claims. BUT, in the largest news week of the month, NFP, you should be aware that you may only get gap trades, if valid, and one or two EOD Forex signals. Intraday trades, to me, during NFP week are just too risky to throw your equity at them.
There are plenty of trades and we’ll get in a lot of them. I won’t bow down to a signal quota and feel obligated to send out shit trades just because you want more signals. I’m here to try to make you money…not throw it away.