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 degree of influence. I actually have a website that I use from the economic calendar and with their statistics some statistics about the best approach that is abundant this news will affect the market. this can be very important because you will anticipate market volatility by just waiting for news that will come back. I usually position myself until the news returns. then give a strong sl value and leave it open for me to take advantage.