SO YOU WANT TO TRADE THE NEWS?

These charts show the EURUSD during the Non-Farm Payroll announcement on Friday 02/04/05. 
This shows how dangerous trading the news releases can be.
It all happens very quickly. I took the EUR short later about 9:30.

Euro 10'
(EUR A0-FX)

Data for 02/04/2005

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Euro 30'
(EUR A0-FX)

Data for 02/04/2005