[00:02] because news is random. They lose because they treat news like a casino. That's it. They see the volatility, they see the big candles, they see price moving so fast and they think that that means opportunity. But in reality, this
[00:17] right here is not a clean trading opportunity. It is a risk event. Okay, so a lot of times when a high impact news release, be it NFP or FOMC
[00:30] or CPI, right? What tends to happen is that price tends to either move up or down by 100 pips. Like for example, in this case. Before the news comes out, price tends to consolidate in a tight range just
[00:43] uncertainty in the market as the market prepares for the upcoming release of the news itself, right? So, this is where right here. And a lot of time, a lot of retail
[00:56] traders, what they do is that they just wait for the news to come out and then immediately start entering for a sell. And then sometimes it work out. And if it doesn't work out, right? Price starts going up. And sometimes what can even
[01:11] happen is that price comes down and then goes up straight away by 100 pips, causing you to get stopped out, causing you to get trapped in this All right. That's what tends to happen. When major
[01:25] news drops, the spreads will widen, liquidity will start disappearing, and price can spike both ways. That's like the danger of trading news. The market might sweep both swipes, right? Might sweep sell-side liquidity and buy-side
[01:38] liquidity and then later on, then price will actually move in a particular direction. Which is why my best advice for people who want to trade news is to just don't trade news. All right, that's it. Just don't. Okay, just don't. I've
[01:51] lost so much money trying to trade news in my first year of trading. And the thing is, yes, you might make some money here and there, right? But it's not sustainable. And if you do make money from trading news, it's a bad thing
[02:05] because you pretty much just reinforce the behavior of trading news. And then you tend to repeat what you got rewarded for in the past. So, you now you're addicted to trading news. And next time your luck runs out, market manipulation
[02:18] money. But then now you get addicted to the pain of losing money trading the news. And then now you continue trading news. And then next thing you know, you blow your account. Right? So, please, for the
[02:30] love of God, do not try to trade news because it is honestly just a gamble. Yes, there are certain strategies out there like, "Oh my god, what if I just place like a buy stop order right here and then like a sell stop order right
[02:43] here and then whatever direction price, you know, go to, I'm I'm going to get triggered into that trade." All of this trade, but end of the day, trading the news is just gamble. All right. So, yeah, that's pretty much it.
[02:55] just kidding. But yeah, I believe that your job as a trader is to understand the news. Okay? Like you still need to understand news because news is why price move the way it move. Technicals show you how price move. News
[03:11] tells you why price move. So, you don't need to be some macro expert, you don't need to have a PhD in economics, you don't need to memorize every economic release. You don't need to try to predict the
[03:23] headline. Your job is simply to know what the news are and where the All right? So, it's like when the news are occurring and then you can avoid are occurring and then you can avoid trading those times itself.
[03:38] fundamentals, what tends to happen is that you might get caught in a move that makes no sense through the lens of a setup alone. What I basically mean by now if we are looking at this price action over here, price is obviously
[03:51] bullish because of the market shift over here. Price is creating higher highs, look for a long position somewhere around here. Or you might have already here and you place a stop loss below these lows right here. So, your
[04:06] analysis is telling you that price is going to go up, right? What can possibly go wrong, right? And then later on at around 8:30 p.m. Singapore time,
[04:18] non-farm payroll comes out and it stopped you out just like this. You can see the trend direction of the market just reverse 180 just because of a news,
[04:30] just because the fundamentals of GU has changed. if you not you were you were not aware that, you know, there's news at 8:30 p.m., then guess what? You would have been stopped out and you
[04:44] out. So, it's important for you to understand what this news is, right? Like what does non-farm payroll means? All right, what does CPI actually means? Understand the definition of each one of these news
[04:57] and how it affect price and then also understand the time in which those news appear, right? The date and time. And then try to avoid those those periods Which is what we're going to go through in the next part itself.
[05:11] Like I said, the goal of high impact news is not to gamble on the release of the news itself. It's to know when the risk is getting elevated, when slippage is increasing, when the liquidity is getting lesser, how to protect your
[05:25] capital and avoid getting trapped by the volatility you were never prepared for in the first place. Avoid getting trapped in this market manipulation. So, that should be your mindset when approaching news. Right? So, in the next
[05:38] video, I'm going to show you how to handle all of that inside Edge Flow using the economic calendar. So, you can actually see the landmines before you All right? So, with that being said, let me show you how to use the economic
[05:51] calendar inside Edge Flow to filter what matters, plan around high impact releases, and avoid treating news like a gambling event. So, on Edge Flow you can find a news and economic calendar feature here
[06:03] just by clicking news. And this is where you will be able to see all the news that is coming up for the day, for tomorrow, for next week, for next month, And this is literally all the news that is available right now in the market.
[06:18] And this is really like a daily landmine map, right? This is where you want to coming up? And then this is where I might want to trade around it. I might want to avoid trading it completely. Uh this is where you can scan for news
[06:32] your watch list, right? You can just filter it to like the currencies that's on your watch list right here. You can even filter it by impact level, right? news, it will only show you high impact news, uh so on and so forth. You can
[06:44] even filter it by categories right here. When you come in here, the first thing filter it by like the currencies that you want to be trading, right? The on your watch list, right? So, whether that's EUR/USD, GBP/JPY, whatever. So,
[06:59] in this case, like say I'm trading um EUR/USD and I'm trading GBP/USD, I'm trading GBP/JPY as well, and I'm also trading the Canadian dollar, right? This is where I'll just select these currency pairs so I only look at the high impact
[07:12] news that is related to these currency pairs, right? Anything outside of those And then this is where, like I said, you just want to focus on the high impact news. All right? So, you can see this is the time that is at right now. It's
[07:24] the time that is at right now. It's around like 2:13 a.m. UTC right now. And the Japanese yen news of the three-month bill auction, but it's like a low impact news, so it's kind of like irrelevant.
[07:37] Yeah, but like this is where you can kind of know, all right, cool. news that is coming out next and these are the news that has already passed. Right? And I only want to focus on the high impact news that is relevant to my
[07:50] filter it out. And then this is where I can just see, okay, at this time, at 7:00 a.m. later on, retail sales is going to come out for GBP. going to come out for GBP. At 1:30 p.m. later on, personal income
[08:04] is going to come out for USD. Right? Like I said, there's no point reading every single low impact, medium impact news on here. You just want to focus on the high impact news. And the cool part about Edge Flow is
[08:20] once again, I I don't know why that there's no other news provider that does this, right? But I was like, "We need this feature because this is something that forex traders like to look at." Is to just know exactly on the day that
[08:34] they are trading which uh is there going to be any high impact news, right? So, at the first glance you can see, okay, today is there high impact news. If that means there's a high impact news on the day. If there isn't, that means
[08:47] based on this you can also find out, okay, on this day itself, how many high impact news are there and how many medium impact news, how many low impact news are there going to be happening on the day itself, right? So, once again,
[09:00] when you have this calendar view, this allow you to see at a high level which days are loaded with high impact news. This helps you plan ahead and be extra tomorrow is going to be like a red folder, then this is where I will know,
[09:15] impact news. Let me go and find out what time are the high impact news coming out. And then maybe I want to be trading around those times itself. Another example is if you are trading a platform that doesn't allow you to hold
[09:28] positions through certain news events, this makes it obvious which days you need to manage your risk title, which days you need to close your positions early before the news come out, uh which days you could like just trade around
[09:41] very cool feature that we have, the calendar view here. that if you have any experience trading news, you will know that news candles are designed to spike both sides, right? So, a lot of times when a high impact
[09:55] news comes out, price goes up by 100 pips, and then later on price comes down by another 100 pips because of market manipulation. Which also means that if you don't have a system that is specifically tested for news, you
[10:08] Because remember, we are not here to get lucky. We're not here to gamble. understanding the news that's going to come out. It's like you trying to get a lottery ticket and praying that you are going to be winning the lottery. Okay?
[10:23] We are here to get consistent. We're not here to get lucky. And here's a huge part when it comes to discipline that we have inside Edge Flow. Right? This news feature here, what we can give you is the ability to
[10:36] block trading when there's a high impact news. So, if you click on this button right here, the block trading settings, this is on the ability to block trading for high
[10:49] impact news in your watch list. Right? So, it's pretty much just going to be have on watch list, and it's going to be blocking trading when there's a high impact news that is related onto the currency pairs on your
[11:02] watch list if you turn this on. Okay? So, once again, this means at any event that affects the currency pairs that you're going to be trading, Edge Flow will literally stop you from entering trades during that window.
[11:17] window. The default state is probably like 15 minutes, right? But you can set it to 5 minutes, 10 minutes, 30 minutes, 60 And then you can also set the block behavior, right? Whether you want it to
[11:31] block trading before the high impact news or after the high impact news, or block trading before and after the high impact news. Once again, completely up to you, right? I would recommend you to at least put it
[11:43] at 15 minutes before and after high impact news. hit save. When you do this, what happens is that it prevent you from getting wiped out, right? It prevent you from, you know,
[11:56] getting trapped in unpredictable move in the market. It prevent you from getting into the insane volatility that tends to happen when a high impact news come out. Which means that you don't enter right before
[12:09] the spread start widening and liquidity start disappearing. You don't get wicked start disappearing. You don't get wicked out from slippage and random volatility, and it won't rage click a revenge trade after you get taken into the trade
[12:21] The key point here is this ability to block trading before and after high impact news, it's simply a mechanism for Edge Flow to protect you from impulse. Protect you from getting trapped in move that you shouldn't be
[12:35] Once again, it's not trying to make you trade more. It's trying to keep you alive and disciplined so your edge can actually play out. to actually trade news. Okay? Because there are simply just three ways that
[12:51] you can trade news. There's only three options. And for majority of the traders watching this, I would advise you to stick to option A, which is avoid it Right? Doesn't matter whether you are beginner, intermediate, or advanced
[13:04] trader, it's always some sort of gamble if you trade the news. Because what happens is that the news can come out saying that, news means US dollar is probably going to go up.
[13:16] But then, it can still go down because of market Right? That is where you hear the the the quote, which is quite renowned Wall Street, which says, "Buy the rumor, sell the news."
[13:29] Buy the rumor, sell the news. Okay? It's the exact same thing right here because factored in, right? Which means you tend to see the move happen before the actual dollar is good, but when the news comes out,
[13:46] US dollar actually start dumping. So, lots of market manipulation right out there, I'll just highly recommend you to just avoid it completely, which means you don't open new positions during that window where the news is
[14:00] after news. And then after the news came out, you want to wait for the volatility to settle, maybe 30 minutes to 60 minutes after the high impact news comes out. Once the structure start becoming much
[14:12] continue trading. Okay? So, option A, the traders out there. Now, option B, only trade if already in position. All right. So, let's say you enter a trade,
[14:27] you know, you enter for a buy on EUR/USD 2 hours before high impact news comes And during a like during the high impact news coming out, price haven't hit your yet, so you have no choice but to actually hold the position past the
[14:41] If that's the case, what should you be doing? Well, you could reduce risk, right? Maybe you want to close a portion of the position before the news actually Or maybe you want to move your stop loss to break even. Right? Once again, if
[14:55] rules allow you to do so, if the price action allows you to do so. And you just want to make sure that you don't widen stops emotionally, right? before a high impact news comes out, you start like widening your stop loss
[15:08] because you don't know which direction price is going to go. Right? So, if you're not already in the position, highly recommend you to stick to option A, like I said, just avoid the high impact news release completely and
[15:20] just trade after it. And then next, we got option C. Okay? And then next, we got option C. Okay? Option C is to trade post news only. If you are more of an advanced trader, more of an intermediate trader with some
[15:32] you've been trading the news, you have been exposed to the volatility of the high impact news for a few years, for a few months, you kind of understand like what the price action will be like after a high impact news release, then this is
[15:46] where you can consider option C, which is trade after the high impact news release. Trade the price action after the high to happen is that when the high impact news gets released, this is where you
[16:00] get all of this unpredictable move, right? Price goes up, down very But after the high impact news comes out, this is where the market starts coming down. The market starts to update itself based on
[16:14] during the high impact news. All right. This is where the market start becoming So, what you want to do when you're choosing option C is to let the spike happen, right? Let the news event, you know, comes out and become incredibly
[16:27] crazy. Let all the noise fade away, right? And then you want to wait for some form of liquidity sweep, some form of structure reclaiming itself, some form of structure shift,
[16:40] of interest that you want to be entering the trade on. normal plan from there. Yeah. This is where you can just continue doing your technical analysis process, you know, map out your charts,
[16:52] point that you want to enter the trade on. Uh this is where you can just do your technicals, you know, like this is where it's safe to do that because the market has already taken into account the new information.
[17:04] said, for majority of the traders out there, I would just recommend option A. Like it's just not worth it, right? It's just not worth to like, you know, gamble here and there because your goal here is to
[17:16] in the game long enough so you can actually win consistently. Your goal here is not to hit like one lucky jackpot and just stop trading for the rest of your your life. No, it's to just make sure that you are consistent. Just
[17:29] make sure that you focus on survival rather than, you know, these big wins, where you make a lot of money, you lose a lot of money, you make a lot of money, you lose a lot of money, which is quite simply just not uns- it's just
[17:41] unsustainable. Now, here's what not to do, right? So, here. You shouldn't be placing a random market order because it feels bullish. You shouldn't be sizing up it to make it
[17:53] worth it. You shouldn't move your stop loss wider because the spread is crazy. And most importantly, you shouldn't revenge trade if you get wicked out. Okay? The last thing you want to do is you are in a position before the high
[18:06] impact news release, you get stopped out because of the high impact news release, and you start getting angry at the market. Now, you you start revenge back the money that you've lost. Now, you start trying to get back at the
[18:18] It's not worth it, trust me. Been there, done that. Yeah, remember, you want to trade the reaction, not the headline. Okay? Like if you're trading news, you want to trade the market's reaction to the news,
[18:32] not the news itself. Like I said earlier, the news can be good, but the currency that is related to the news can still start dumping because the market's reaction is all that matters. The market's reaction is what drive
[18:45] the price action of the market. It's the sentiment that actually drive price. itself. Professionals don't need to trade every day, right? Remember that. They don't wake up thinking, "How can I
[18:58] force a trade today?" They wake up thinking, "How do I protect capital and wait for clean market conditions?" Because like I said earlier, this game is not about thriving. Before you can think about
[19:10] survive. Longevity is the name of the game. And high impact news is one of the fastest ways to donate money if you treat it like gambling. If you treat it like a casino.
[19:25] you remove temptation by baking our rules into the trading system so you are rules into the trading system so you are not relying on willpower when volatility spikes, right? That is what like this block trading function is for, right? Is
[19:38] we prevent you from making stupid decisions. We prevent you from getting trapped in unfavorable market conditions. Last but not least, just remember that news isn't your edge. Your rules are.
[19:53] Use the economic calendar here to avoid the landmines. Let the volatility pass. Let the noise pass and then execute when conditions are normal again.