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.
News has a level of influence. I really have a website that I use that has an economic calendar and with them some statistics on how much this news intends to influence the market. this is very important because you might anticipate market volatility by only anticipating the news to come back firmly. I usually position myself until the news returns. and invest a reliable sl price and leave it open to myself to firmly take advantage. Based on my experience, high impact news is more important to follow, because it affects the pair / currency in question, for example, there is NFP (Non Farm Payroll) news in the American session, before the news is released, don't open the position, so we avoid getting floating reduced, for example, the release of the NFP news report turned out to be bad, that means the USD weakened, so the pair with the USD, as EUR / USD will rise, but my advice would be to be alert to high impact news, because the impact can be 50-100 pips.