Trading the news release itself is one of the worst-EV setups for retail CFD traders, even though it’s marketed as a high-opportunity event.
The economic calendar is not a trading edge. In the seconds around an RBA rate decision, US nonfarm payrolls report, or CPI print, a retail CFD trader is usually stepping into the market at its most expensive, least predictable, and least forgiving point. That is not because news does not move markets. It does. The…