Date: Monday 11th December 2017
Time: 07:00 UTC
We start this week with NOK CPI YoY. This is usually a good figure for us, however the NOK is volatile and it’s important to manage your risk with this trade.
Last month we saw this figure reverse incredibly quickly and this shows the danger of trading the volatile crosses. Just a reminder, to make sure you size your trades with the worse possible scenario in mind. This is an excellent practice to get into. We don’t have full control over profits, but we definitely have control of our risk.