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.
I like to trade on the news. This news really helps trade and also gives us an advantage if we follow them and try to understand them. Some times the news is so good but we cannot go to the side of profit. Trading with a news strategy is great for everyone. and news palys are always a big rule in decision making before opening a trade. but all news does not affect the market in the same way. So before making a decision based on news, traders must determine whether the news is important or not! many websites publish news tags whether they are important or not! so check the website.