How to trade the news?
1. Prepare before the event
Know the consensus: check what the market forecast is (Bloomberg, Reuters, Investing.com).
Define your bias: if you think the data will be better or worse than expected, you already have a “plan A” (if correct) and a “plan B” (if incorrect).
Choose your instrument:
In stocks: relevant pairs (e.g. S&P500, Nasdaq), financial stocks (Goldman, JPM), technology stocks.
In crypto: BTC, ETH, major altcoins, or BTC/ETH ETFs.