Navigating Major Economic Events with News Filters in TradeShields

Economic events, such as interest rate announcements, inflation data releases, and employment reports, often lead to rapid market movements. These events can be profitable but also come with heightened risk. With TradeShields, you can manage this risk using News Filters to either pause trading or adjust your strategies around these events.

Why Economic Events Matter

Market-moving events, like Non-Farm Payrolls (NFP) in the U.S. or European Central Bank (ECB) announcements, tend to create sharp volatility, sometimes making technical analysis unreliable. Traders can benefit from knowing when these events occur, as they often result in unpredictable price swings.

How TradeShields' News Filters Work

TradeShields’ News Filters allow you to avoid trading during high-risk periods by pausing your strategy around these events. You can choose which events to filter out, whether that’s major announcements like FOMC meetings or region-specific releases like the Bank of Japan's interest rate decisions. This flexibility helps you align your trading with market stability, improving your overall performance.

Setting Up News Filters in TradeShields

1. Select Your News Events: In the TradeShields UI, choose the events you want to filter. Popular options include CPI, interest rate announcements, and GDP releases.
2. Define the Time Buffer: Set time buffers before and after each event to avoid sudden price movements leading up to and following the announcement.
3. Monitor and Adapt: Use these filters as a baseline, adjusting them as you notice which events impact your instruments the most.

By using TradeShields’ News Filters, you can stay informed and protect your strategies, maintaining consistent results even when markets turn volatile.