Which news must be follow.

[absiddik]

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.

i am always follow this news. but when the news publish positive / negative then the market gone one side 20-25 pips. then i put a new order. but maximum time i am loser from this news. because i follow the market trand then i open order. and when i open a order, the market gone other side. and i lose my money.
can any one give me a solution for news trading. please................................

[Hiron]

Yap there are many news that moves trading any time.
You here post all important topics.
I follow Forex factory to news trade.

[mazinstafx]

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.

I know that the news can spike quick movement in the market but with these how can we determine where the price will move, upwards or downwards.

[abdullahmuslim]

Yeah, and to have some economic way of thinking I guess we just got to read what economists read, what knowledge and information they study, but just take them as some summarized things, not that much detailed as they do in the school. However, we can still grab some main idea to use in the trades.

well sir, the most powerful way to find out how to work the economist should do well too and of course it is essential to our progress in doing business in the forex market, and this is important

[happyrichyyy]

very touching indeed if we are not as good as analysts economists who always take care of the economic terms, but in fact we would be able to as well when presented in an analysis of economic data to us, I believe it

Yeah, and to have some economic way of thinking I guess we just got to read what economists read, what knowledge and information they study, but just take them as some summarized things, not that much detailed as they do in the school. However, we can still grab some main idea to use in the trades.

[mukta]

Many of important news published in forex market everyday.But most important news are............

1.Non-Farm Payroll
2.GDP
3.Interest rate
4.Trade Balance.
5.Consumer price index.

etc..........

[abdillahikbal]

Hey I guess professional guys of economics can analyze the news better than normal people who study it with common sense, am I right? Because those economists know how exactly these news would affect the economy, and then the currency exchange rate between countries, I guess it's much better to read something about economic growth factors etc., then you'll understand the news much better.

very touching indeed if we are not as good as analysts economists who always take care of the economic terms, but in fact we would be able to as well when presented in an analysis of economic data to us, I believe it

[happyrichyyy]

Hey I guess professional guys of economics can analyze the news better than normal people who study it with common sense, am I right? Because those economists know how exactly these news would affect the economy, and then the currency exchange rate between countries, I guess it's much better to read something about economic growth factors etc., then you'll understand the news much better.

[zahurulchd]

The news is very important in the forex trading. Every trader should follow the news of the both country of the both currencies.

[happyrichyyy]

I guess fundamental strategy can help you make decision of bid or ask, since you have got some idea from the news about how the situation is at the present and how it might would affect the market and where it would lead the trend to go. However, to set the position to what level of price is the next step after that. And you can't easily get a hint from the news about the exchange rate of certain currency pair in future, even though the news tells you what is the current oil price and what kind of price it's gonna be in future, oil price won't tell you directly how USD and CAD will be rated to each other.