yes, many times we can predict the market even we use news, because the market movement is not only depend on news only, but depend on many things, and it really difficult to makes analysis using newsQuote:
Originally Posted by hend
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yes, many times we can predict the market even we use news, because the market movement is not only depend on news only, but depend on many things, and it really difficult to makes analysis using newsQuote:
Originally Posted by hend
absolutely correct and i also agree with you. for newbie if they dont understand fundamental but its not hard to watch economic calender each day and when there is high impact news than i also think wait untill news released because everybody know hoe the impact of great news on market.
There are lot of news in forex trading but every news is not good fore this reason you have know which news is good and which have to avoid i think unemployed news, NDP, GDP, and Balance to trading is the best news in foex you can depend on this news but sometimes news can fail and your decision is wrong.
its really true now most of the time market moving very first for news and think technical analysis sometime fails when big news come and great impact on market . for this i am not looking for long term trade because due to this news sometime trend going opposite very quick.
news trading is a very nice idea if you understand it.
you should be fast enough to set the orders quickly and close them quickly because there is a big volatility on the news time in many cases which can hit your both stop losses
according to me when we trading with news the first thing to do is check on the day what time the news will be release and check the currency and it pairs.
May be its about long and short but i seen due to high impact news there is very big movement of market and if continue there is bad news of that currency then it may change trend soon , so i think its always better to keep in news to unexpected thing happen.
trading on news is a way of choice you can depend on it by gather all the important news that can affect the trading market and can make the price move on a different directions you better expect the possible direction of a trade
analysis in forex tradin with fundamental news can trade according to an analysis of a trader so that the analysis in forex tradin will be done depends on the forex trading technical analysis to get an experience in forex tradingQuote:
Originally Posted by drpt51083
in every trade yangs once I did I was less concerned with the news in the forex market sir, so I often lose and a lot of experience of floating on my accountQuote:
Originally Posted by Anytime
possible with tread that you open, I will be more vigilant again :)