hello friends ..every where ..every body told must follow the news.. here evry hrs some news are publish so which news we must follow or not..me also try to follow it.. with this u must use the lowest leverage so u can gain more pips..
this news for eur/usd,gbp/usd, usd/cad,eur/cad, and eur/aud..this pair are influenced by news very much.
1.Intrest rate decissions by central banks,
2.GDP
3.Balance of Trade
4.Unemployment data
5.inflations
6.Retails sales and manufacturing
7.Business confidence
8. consumer confidence
with this news publish..above pair will moves to 50-100pips
so must follow this news for get best result with ur stratagy.
Latest Forex market news is important to the traders because the traders act on the news to make big profit but before action on the news
the trader must be skilled in trading the news .is it the correct way for trader to open a big positions after listiening something in news?
most of the trader trades this way but they may be loss their money .
so acting on every news story and throwing your money in the market can be a lumpish act that the beginners must avoid.