High-impact macro events that move forex pairs by 50+ pips in seconds. Knowing the schedule prevents holding a position into a black-swan release.
When to use it
Daily - flat or hedge before the event window opens. Some traders fade the initial spike; others wait for the smoke to clear.
Formula
No formula - pure event-risk awareness. Use the live calendar at /calendar.
Worked example
US NFP: first Friday of every month, 8:30am NY. Typical USD impact: 30–80 pips within the first 30 seconds.
Should I trade the news?
Most retail traders should not. Spreads widen 5–10× on release, slippage is severe, and stop-hunts are routine. Wait 5 minutes for the dust to settle.