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When NOT to trade with robots

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It is very important to know when not to trade with robots. Sometimes it is even more important than the choise of EA’s you should use itself and what settings to use. When the market in suspense before or during the release of important news, markets tend to be very volatile and unpredictable. Expert Advisors tend to lose a lot of money or even totally wipe out your savings in such periods of. Absolutely important to avoid trading during these periods. As the right timing can help you to significantly improve your trading performance.

So, when to avoid trading? Let’s highlight two particular reoccurring news events, the release of the US unemployment statistics (NFP) and the presentation of results from the Federal Open Market Committee (FOMC).

Non-Farm Payroll (NFP)

Nonfarm payroll employment is an influential statistic and economic indicator released monthly by the United States Department of Labor as part of a comprehensive report on the state of the labor market. mental organizations. These 160 000 employers equivalent to approximately 400 000 unique sites. Data excludes individuals who work in government, private households, non-profit organization and farmers, producing a total of individuals included in the NAP 80% of U.S. GDP.If there is an economic indicator that has a direct and powerful impact on the U.S. dollar so it is Non-Submitted Payroll, the U.S. unemployment figures. News services such as Bloomberg news then collect these estimates, which are “market expectations”. Is it so that the actual figures differ substantially from the expected result, we significantly changed the world currency pair, as many investors acting on economists’ estimates.

NFP is usually presented at 8:30 a.m. EST on the first Friday of every month. It’s a good idea to shut off your Expert Advisors the day before and on the NFP day since markets tend to be very unpredictable.


The Federal Open Market Committee (FOMC), a component of the Federal Reserve System, is charged under United States law with overseeing the nation’s open market operations.[1] It is the Federal Reserve committee that makes key decisions about interest rates and the growth of the United States money supply.[2] It is the principal organ of United States national monetary policy. (Open market operations are the buying and selling of United States Treasury securities.) The Committee sets monetary policy by specifying the short-term objective for those operations, which is currently a target level for the federal funds rate (the rate that commercial banks charge between themselves for overnight loans). The FOMC also directs operations undertaken by the Federal Reserve System in foreign exchange markets, although any intervention in foreign exchange markets is coordinated with the U.S. Treasury, which has responsibility for formulating U.S. policies regarding the exchange value of the dollar.

The release of the FOMC meeting statements is one of the strongest market movers. It is highly recommended not to trade a couple of days before and after these events. The remaining 2010 FOMC Meetings are scheduled on the following dates:

  • June 22-23
  • August 10
  • September 21
  • November 2-3
  • December 14

So to conclude, avoid trading during these days and also shut off your expert advisors on the first Friday of every month, and the day before.

These suggestions will not make you rich alone, but if you incorporate them in your current automated trading strategy, you should see a nice improvement in profitability over time.

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