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.
Personally, I tried to avoid the news with high impact ... I tried not to trade when there was a FOMC, NFP or others having a new high impact, if I had a position I held, I put SL + 1 if in profit and SL if inside minus, technical will be like a disaster when there is news, but if we have learned the fundamentals, I think combining technical and fundamental will be good for trade and now we are getting easier to get the economic news of a country. much we can get to get the news. I usually follow news from forexfactory and DailyFX. There we can see what economic calendar will be taken and how much influence the economic news