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FOREX-BASICS5 MIN READ

Run a premortem before a volatile FX day

Use a premortem to identify and prevent common FX process failures during volatile market conditions.

The day before Tomorrow has MXN payroll, a EUR supplier payment, and a central-bank announcement. The market may move, but the controllable risk is process failure. A premortem makes the quiet operational risks visible before the noise starts. Premortem Imagine failure, then prevent it Assume the FX process failed tomorrow. Work backward to identify the likely causes and wire controls now. Hope Watch charts and trust people to remember the process. The team has fewer surprises when the market is loud. Premortems are useful because preventable failures are easier to see before egos and urgency get involved. 01 Failure 02…

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