Frederick Potter 
No one really knows when the news will come to move the market, but some of the most eagerly anticipated volatility-generating events are scheduled economic events. Such events as interest rate decisions and release of employment data can result in sharp movements in global markets. To traders, being on the wrong side of a trade at the time such announcements are made can make decisions with a greater degree of certainty. A well-planned course of action enables a person to lessen the risk of such events, and makes a decision with a greater degree of certainty.
Expectations tend to make the plans of traders based on the anticipations as well as past responses. As an example, at one time or another, a U.S. jobs report might affect equities, currencies, and commodities in different ways, relative to other macroeconomic data. The capacity to visualize the past reactions of markets to similar releases gives the traders a clearer advantage.
It is at this point that tools that incorporate real-time price action with economic data become useful. TradingView charts helps to control the event risk with the inbuilt economic calendar features, which are designed based on the trading environment. It allows users to view events in the future on their charts, know when announcements should be made, and have setups. These visual indicators assist in lowering the chances of being surprised and achieve a more controlled method of timing trades.
The period before and immediately after the publishing of a piece of news may be tensed on the part of active traders or those traders using shorter periods. Liquidation may dry up, spreads can expand and price fluctuations can get random. A virtual reminder of what is happening has enabled traders to take a step back or take down the risk in anticipation of what is coming. TradingView charts allows the user to set alerts that inform about the forthcoming economic releases and prevents them from holding positions at the moments of great uncertainty.
Evaluation of the earlier responses to economic news is also part of the preparation. A dealer may examine the reaction of the gold price to new inflation figures or the correlation of the dollar with messages by the central banks. Using TradingView charts these historical patterns are readily accessed by scrolling back in time to overlap the news dates and the major turning points can be noted. This attitude assists in developing confidence in regard to predictability of the outcome that may occur, although the market may not move according to the anticipated outcomes.
The news events are treated differently by different traders. There are those who choose to stay on the sideline and wait until the volatility subsides and there are those who seek breakout after the announcement. In both, the use of clean and orderly charting is necessary. TradingView charts allow several layouts, watchlists, and indicators to follow related assets simultaneously and react immediately when the information becomes available.
Longer-term investors also have the advantage of following important releases. The key economic figures are capable of turning the market sentiment in either direction and affecting the process of the asset distribution. The skill to place a news release into a larger trend would give a complete picture of the situation and the reason. This level of comprehension becomes simpler to attain whenever data and price action can be analyzed at a solitary location.
Event risk is not only about how to react, it is more about knowing, planning and adjusting according to the dynamic conditions in a disciplined manner. All of those factors can be united with the assistance of TradingView charts, which allows economic data to be integrated into the trading process. Using transparent visual signals and timely warnings, traders now stand a chance to succeed, as they can be much better prepared to deal with volatile events and make decisions that are both analytically and awareness-based.