In this episode, we break down the mechanics of high-impact news events like inflation or unemployment data. Instead of focusing on the numbers, we look at where the order book liquidity sits. Learn how large institutional participants utilize heavy news volume to fill passive pending orders, and how aggressive retail market orders can lead to traps.
We also introduce a simple, disciplined guidelineβthe 15-Minute Ruleβto help you step away from the execution buttons, avoid initial chaos, and read the real story behind long candlestick wicks.
π YOUR HOMEWORK:
Open an online economic calendar and find 3 major news events from the past month.
- Locate those exact times on a 5-minute chart.
- Check if the price hunted stop losses before reversing.