Kyi Thar Swe

Everyone knows that trading during major news events like NFP, CPI, and FOMC is risky. But I want to highlight a few points that you might overlook.
1. Widened spread
When news drops, the spread can widen up to 10-20 pips. So, you could be looking at instant losses as soon as you enter a trade.

I want to share a simple strategy I’m using for scalping on the M1 (1-minute) timeframe.
I get that using a ton of indicators can be overwhelming. So, make sure to follow the steps below carefully.