Try not to Trade

Try not to TradeLesson 5 of 114 min read

News is a skip

Why the release days already in your plan belong to this module, and the one thing that makes them different from a day of chop.

Module 29 already put four release days into your plan as days off. This is why that rule belongs here rather than on its own.

The reason is the bias

On a release day the reading you did at 08:00 still describes the chart. It stops describing what is moving price.

Structure, levels and zones are all built from orders placed before the release. In the minutes around it, the orders arriving have no relationship to any of them.

A bias built from the chart cannot govern a move the chart did not produce.

So it is not a separate rule

Skipping a release is the same decision as skipping a day where the charts disagree.

Register to access everything for free

The course is free. The account is only there to save your place and let us tell you when new lessons land.