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If you trade EUR/USD, so we should to follow to Western economical and US. condition economical information for begin business. After follow there information you can evaluate your business technique and can achieve your choice. So if we want to obtain, so adhere to these.forex factory is good for information, also you can use myfxbook for financial calander, I use it with forex trading . I think it is very simple to make benefit according to information and always I experience very assured about my begin purchase which I started out according to information who have high-impact on forex pair.
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Depending on the range, the point daily if the pair had reached a range of daily news and contrary to the trend must be very great impact and price will be back with profusely but if range is not reached daily news will affect temporary and the market will return following the trend:)
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Bahi news koye bee hoo forex market par uss kaa aasar partaa hai.traders kay leyi yeah boohat zaroori hai kay woo news kay baaray may zeyadaa information layin.agar unno nay forex say achee earning haasel karnee hai too.news kaa baraa impact partaa hai forex market may agar traders kay pass achaa experience hoo too woo achee earning kar saktay hain.
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tent that we have to follow the big news in the trading
The main high impact
because by following this price range would be great too
and we can take the profit in it
I think
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Well, i think, i need to concern all news release and data. i can not be picky in following news and data release. even, i must dig more news outside of release scheduled.
One more, i did not use news release as my entry signal. i use news to observe market and economic climate of countries which are related to the pair i trade. and the rest, i use technical to plan my trade.
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The news provider has always had certain references to make what they decide can be as accurate as possible, but the analysis remains the analysis, in accordance with actual or not is a natural thing and not up for debate ..
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I advise you not deal with financial information, for what it is really dangerous to deal, is really a new source to find the path of industry but it's not immediate, it is extended term.
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There are hundreds of news that exists in forex exchange trading, but it is not all of them that give high volatility at all times.so watch the news with only this category so u can easily control ur emotion to trade and also get good income with min.
---------- Post added at 10:58 AM ---------- Previous post was at 10:49 AM ----------
that is mandatory is the news from the country of origin of the currency that we be trading. Note the type of news that are high impact, as you mentioned.but the price more in other direction it is all the banker or capitalism who control it..
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see charts are the only way through which you can find them out. Therefore I guess technical analysis comes first then fundamental analysis, but fundamental strategy is extremely good when there's gonna sudden change occurring in the market forced by some accidental event such as storm, flood, typhoon, et
okey??? :yahoo:
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Forex mein almost all news ko read krna our follow krna bohat he important hota hai forex mein
different news affect krti hai fore example gdp, balance of trade,inflation,unemployement data etc
ko follow krna bohat he important hai