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Non-Farm Payrolls, CPI, etc) have the potential to move the markets hundreds of pips, especially if they are unexpected or well above or below expectations. One of the outcomes of that meeting was that all global transactions and currencies were pegged to the currency of the relatively unaffected US economy, and in turn the US Dollar was pegged to a gold standard of 35 an ounce. You can learn more about limit orders with trade examples here. Colonized territories assumed the currencies of their colonial masters. There is a lot of opportunity in the Forex markets, resisting the temptation to trade everything all at once and narrowing your focus will ultimately help you develop as a trader.
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