News Avoidance

Chapter 9: Navigating News and Market Conditions

Forex markets can be volatile during economic announcements like interest rate changes or non-farm payrolls. The No Nonsense method advises avoiding trading during these times to prevent erratic movements. Daily, check the $EVZ level (now set at 7 or above) to gauge currency volatility; below this, markets are “dead,” suggesting minimal trading or taking profits at 1 ATR. Use resources like videos to master news avoidance and $EVZ analysis, ensuring your strategy remains disciplined.