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I myself just following news of nfp, other than that I have never seen the news, because to me that was the only issue of the news, and the market does not move like all the newsnya and most importantly we have to know the daily trading range, since that is the most important thing.
I do think your most merchants have to be qualified throughout exchanging good news. would it be the simplest way pertaining to speculator for you to wide open a major roles immediately after listening a thing throughout reports? almost all of the speculator positions using this method nevertheless they are often decline his or her income. Consequently, in case you should achieve, consequently comply with these kind of. Think.............
The news strategy is very good for earning the money from the Forex when news issued from the Economic Calendar this time is very good for trading and earning the money from the forex. The News which are very important and has the good impact on the Forex business is, Unemployment rate, Interest rate, Trade balance, and consumer confidence. etc.
for our op primarily based on news, it's most delicious when installing traps, though there is news that fits the standards traping, ie high impact. therefore we all apprehend high impact news seems not each day... thus trading primarily based on news ought to be clever in selecting and determining its influence thus nice news like nfp, interest rates, and of course the nature of news is breaking news
if a trader deals within the whole two of euro / usd then he is well known regarding his to actually follow the european news of country and also the yank news of country. im once the european news of country once the publication of one's news... thank you.
when there's news unleash, i never follow it, though when news was over, i joined the news is occurring. i build it a benchmark in situations associated with a giant body candel. only use hourly time frame, thats my strategy in fundamental
The financial news must be follow which directly relating to the Forex market. They leave the great impact on the trading and at that time when the news issued the market quickly moves ups and downs. The news which has great influence in the trading market are , Inflation news, Employment/jobs, business confidence, Consumer confidence, Housing, etc.
i use to follow every news with the high impact any execute my trade on eur/usd crude oil inventories is my favorite economic news ,
true and wuth my little knowledge i can say that it can be help ful if try it in our trade but trsder should test it in demo 1st then if they have a good command in that they can use it in real trade to get good profits
After follow news we can analyze our trade strategy and can reach our decision.High volatility news like unemployment rate and NFP both of US are two very important ones