all traders who make operations thanks to economic news are losing a lot of money, our weak point is that you can not control our emotions, but we can control our rissques by putting a stop loss.
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all traders who make operations thanks to economic news are losing a lot of money, our weak point is that you can not control our emotions, but we can control our rissques by putting a stop loss.
I advise you do not trade with economic news, for what it is very dangerous to trade, is a new source to find the direction of the market but it's not instant, it is long term.
yes true, with high impact news is very important to be considered by the trader before trading on the eve of the news release, if combined with appropriate analytical techniques and good emotional control, it can open up opportunities for trading profits are fairly large. But nor vice versa, if one of the analytical techniques and emotional stability, then it can cause a large trading losses as well.
I also want to trade with news, thanx for giving me such information, but plzz tell me if we want to do trade with news then which strategy we should follow in this time, as I am failed to trade with news, plzzz explain me yours strategy if you can. in another thread so other peoples might also get benifit from it.
this is the most easiest way to income money from forex.. u cant avoid it. dear. news is essential. for trading. cause its.. moving the market.. what u think the traders are moving the market.. if any countrys central bank is lower the intrest rate then what will happen u know .. then why u told to avoid it.. begineres are must practice on it. or they loss the money.. news - may be its political or economical .. its important .. like technical analysis u spare months of months to practice.. just like that spare some month on the news analysis.. i think after that u must .. feel good ..
The biggest news effect are news that released by some of central bank chief..For example when SNB and BOJ will make an intervention they usually held a press conference. And in this press conference you can have a clue where money will move and when. A central bank intervention can move forex market almost 500-1000pips in a day.
bahut hi achi aur faydemand post likhi hai bhai aapne khaskar naye tradres kop is post ko dhyan se padna chahaiye aur aisi news ke time pe market se bach ke rehna chahiye
news ke waqt market bahut zada volatile ho jata hai aur aise samay pe market me trading karna bahut risky ho jata hai..isliye traders ko kisi bhi major news ke waqt bahut hi sambhal ke rehna chahiye