Hello,
I currently day trade the US stock market(Naz100 mostly) but I’m looking to start trading the forex markets(USD/JPY and/or EUR/USD).
When trading stocks, I make it a rule to be back to cash before the most important economic numbers are released at 8:30am or 10am EST (or 2:15pm EST for rate announcements).
What economic reports/news have the biggest knee-jerk effect on the USD/JPY prior to the asian market open or during its most active times?
What economic reports/news have the biggest knee-jerk effect on the EUR/USD prior to the Eurpean market open or during its most active times?
Where is the a good place to find a daily schedule of the important economic numbers as they relate to each market opening?
My goal is to avoid being in a trade when these economic numbers are released.
Also, is GFT a good broker? I have been demo-ing their software platform (FX2) and I like it so far.
Any comments would be appreciated.
Thanks in advance!
Matt