If you want succeed in this market and you want to survive here in the long run you will have to learn fundamentals. You will not be able to make profits on consistent basis unless you learned fundamentals.
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If you want succeed in this market and you want to survive here in the long run you will have to learn fundamentals. You will not be able to make profits on consistent basis unless you learned fundamentals.
yeah i know learn learn but bro what if if we follow the trends we can earn in that way too and what abt scalpers will new help them too to earn profits because they are short term traders
News trading is a good idea for all traders. It is risky in nature, but it equally gives us the chance to make more money from forex trading.
Before any trader tries news trading, they must be experienced in it.
Trading based on news will give chances to get many pips of movement because when there is high impact news appearing so usually it will bring price to trending condition and if we can make good analysis so we can get many dollars in short-time. But if we made bad analysis, we must use good risk management so we won't take too much losses.
One need not wait for the news or news updates to trade.It is important to react positively on news updates and one must know the impact of news on the markets and how markets will react to it.For this proper fundamental and technical knowledge is required.
main to 2 min pehle hbi buy and sell ka pending position rakh deta hu, aur kabhi kabhi acha profit mil jaata hai kabhi kabhi loss bhi hota hai, tight stop loss rakha karo
Of course its risky because price moves very rapidly. We should test news strategy on demo account first and we should deeply observe that how the market behaves when news releases. Then we can be able to earn something on the time of news.
its great idea, but sometimes there are news does not appear on the news calendar at the site forexfactory, and sometimes I always doubt with news that will release,
how trading with the news release? How should i place pending for a certain news release? when I place a pending order and how much should I charge target?
I was always confused and always loss because of wrong strategy to face the news release
According to me, dealing in forex market by depending on news is very safe way of playing
Market moves strongly according to news and hence, there will be less chance of loosing money
But sometimes you have to wait for few days because you will never get big news dail