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 offers an impact level.
I have a website I use that has a financial calendar and they themselves have some statistics about how much of this particular news has an impact on the actual market. This is really important because you can anticipate the real volatility of the market by just waiting to hear back.
I'm usually a personal position until the news comes back.
And place a good SL score and let the real TP open for myself to take advantage.