Wick

News events: NFP, CPI, FOMC

Sessions & Killzones

The big scheduled shocks

NFP, CPI, FOMC are among the highest-impact scheduled releases, most landing around 8:30 AM ET for data or 2 PM ET for Fed decisions. Price can whip violently in both directions within seconds.

Stand down through the release

The standard, disciplined approach is simple: no new trades through the release itself, and often no trades for fifteen to thirty minutes afterward while the initial wick settles.

The first wick can lie

Chasing the first wick on a big news candle is one of the more common ways traders get caught, since that initial spike can fully reverse once the real reaction develops.

Check yourself

NFP, CPI, FOMC are examples of…

  1. High-impact scheduled news events that can whip price violently correct
  2. Minor, low-impact data releases
  3. Events that only affect stock prices, never forex

These are among the highest-impact, most closely watched scheduled releases across markets.

Learn this properly

This term has a full interactive lesson in Wick — the chart, the pattern to tap, and a live practice terminal to try it on. Free to start.

Open the lesson

Related terms