Interested to know if anybody accounts for figure releases in their mechanical systems.
For example.
A system like JonnyT's Spot On would probably take a short this morning on the downside break in EURUSD.
Is this a good idea ahead of non-farms or is it prudent to wait until the release before doing anything?
Naturally if the figure is the "right" way around it would be advantageous but then this "if" possibly makes things more of a gamble than a trade?? Maybe over time it evens out each way..I don't know, has anybody done this sort of figure analysis?
Personally I have not factored figures into any mechanical system but I certainly take great account of it with the scalping, ensuring I do not have any potentially dodgy orders before or through any major announcement.