CAD Unemployment report impact on the GBPCAD

Do you hold your trades during important announcements?

Sometimes I do, but only when the market has moved on my favor enough to make me feel comfortable with my trade and move my SL to the BE level (at least).

But sometimes we need to be careful, especially with the GBP and CAD which are the currencies that react the most to its fundamental announcements.

Take a look at the GBPCAD:

What do you think?

Do you hold your trades during important announcements?

Have a great weekend! And I see you on Monday!

Raul Lopez
Forex Coaching

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .