What is importance of news in forex trading?

[ItsAP]

News play very important role in forex, every movement in forex depends on the news. but trading on news is much difficult task chance of profit or lose much higher on high volatility news.

[Sing]

Trading on news updates is a very good opportunity to make money in short span of time and provided he has good technical and fundamental knowledge and he is able to know the impact of the news update on the markets and performs his trade in the right direction.

[sana24]

Of the most important news in the forex market is the annual German news and also news items published on the euro and Japanese yen and the dollar news issued in the third era are Arab Republic of Egypt they may market volatility upside down

[badrita]

So I got a big profit from forex trading to use this system. From my point of view, I say news is very important on the Forex market, so foreign exchange is trading international business currencies and this is a good moment to join the market but we need to use management money to survive in this business and the new is part of fundamental analysis so if you trade news then your trade can be profitable.

[combifx]

well first of all you have to decide the type of trade you want to do, one is technical and the other is basic trading, in forex people do both types of trading, but as I like technical trade trading, it is very important, most of them trade technically, but according to your question, you first check the news at the forex factory, then wait to pass the news impact, the fundamentals give a lot of surges, so wait to finish the price and then find the trade, try studying the trading price action on the day frame

[jkt48]

Forex currency trading You know this about online forex currencies and technical analysis there are many reasons why online forex trading works very well with technical analysis. Online forex trading studies currency trading, foreign exchange bro with text, videos and slideshows, in-depth coverage and analysis of foreign exchange markets, trends, news, and factory estimates. Video demonstration of world forex conflicts and downloads.

[fakta]

You already know, 1 in the most important issue to consider, when you start to recognize currency trading, is the best way to choose a great forex program. Why is that? Very well, especially because we want to trade a process that is commensurate with time ... Profit and Forex Trading. The great Forex trading tips are to be patient and take step by step. You will not become a trading genius overnight. Mastering how to minimize losses while maximizing profits takes time. As long as you are patient, you tend to see it.

[ntn]

news is important in trading, because in the news there will be a factor that may affect market sentiment towards the currency in several countries, and there are many stories that can give a strong impact on currency prices, and the pair traded in forex

[subadra]

Every time you trade, always check the news because they are very helpful in trading and whenever you will trade, you will gain experience and stop your mistakes and you will soon get big profits so that you will notify market prices and the currency that moves up and go down so you will complete your management plan and will get something better.

[syarif]

The forex market runs on the news. Different currency pairs experience updates there themselves. Traders who trade certain pairs must know the latest information about currency rates and changing conditions and trends in the Forex market. Updating currency pairs with trading sessions is very difficult. to manage. Get practice and learn and discuss with experts before entering a real trading account.