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.
The trader ought to be skilled in trading the news, will be the correcy means for trader to open a giant positions when listiening a thing in news much of the trade trades in this way however they could be loss their money thus acting on each news story and throwing your money within the market may become a lumpish act how the beginnners should avoid. Indeed you're right, news may massive profit, But additionally may give a bigger loss.