Does any one here trade big figure releases like the NFP (using the DOM/Market Flow) seconds after the figures are released.
I got smashed on Friday night, timing was off but im wondering what the consistently profitable traders on here do. I know it can be really volatile and hard to manage a situation when the markets are flying around bid, then offered.
I think I should have waited a few more mintues before jumping in but yeah wondering on any ones thoughts on that? Is it usually a suicidal move as big traders might be loading and unloading positions and pretty much just chaos?
Im planning on trading it again as there looks to be heaps of easy opportunities but it takes xp like every thing else.