Stavro D'Amore
Former FPA Special Consultant
- Messages
- 547
In the AU Employment Change you said :
"Prior to the release (10 mins) I will be looking for a short term LONG position in AUD/USD and I would be out of this LONG trade 3 minutes before the actual release or to avoid any spreads that should widen."
For this release you say :
"Approximately 5 minutes prior to the news release I will be looking for a short term LONG position in EUR/USD.
I would be out of this LONG trade 2 minutes before the actual release, or to avoid any spreads that should widen."
Is there a reason for the different timings or is it a typo ?
No there is a reason, different pairs, different volatility and the impact of the news is different so the time limit will be different. No typo there.