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.
But if you can use the news result properly then you will be able to make some pip very fast namely here we can also increase our knowledge and it also helps us to take good decision about trading then Following the news in trading is simply trading the fundamentals as it is professionally called in the forex market as news is so much important for traders as a beginner i am starting with news in demo i want to keep me more advance with news