Tips for Trading During High-Impact News Weeks
Even with filters, high-impact news weeks (e.g., FOMC meetings, NFP reports) can affect market conditions.
Best practices:
- Reduce your position size during news-heavy weeks.
- Avoid trading entirely on major announcement days.
- Use the All regions filter to completely disable trading around global news events.
Example:
- During an FOMC week, avoid trading on Wednesday (announcement day) and focus on other days with less volatility.
Tips:
- Monitor an economic calendar alongside TradeShields for full awareness.
- Use this time to analyze strategy performance and refine settings.