What is importance of news in forex trading?

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Originally Posted by Hansip

I think its a very dangerous decision to enter the market when news are released. its better to wait for couple hour until the market respond the news into one strong direction. if we keep insisting to enter, our trade might be trapped in choppy movement

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to be able to get the advantage in the current news on the release of this course will depend on the ability of trading that we have, it's trading capabilities include the ability to manage in a trading strategy, time management, money management and psychological management

I think news is big opportunity for Forex trader. Now many ways you can get news. But if you do not understand news properly do not trade when news release. Thanks

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Originally Posted by lady

the price will move not just because of technical only, but because of fundamental also, we can make analysis fundamental using news. many times, the price move just because of news not technical. its makes we must know about news

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yes, and many times fundamental will affect the market more than technical. if we trade using fundamental, then we dont need to think about technical. if we use technical, we must think about fundamental

I think that there is much important of news in forex because the movement of every movement of the currency is directly related to the news concern with it and the news effects the pair price

a lot of the important forex news, among others, the NFP was very influential in moving the forex trading market. better you read on the internet that provides what makes it important in forex trading using forex news.

News trading is very profitable. Economic newses has huge effect on their currency exchange rate. It can determine the next trend. During news release time the market become very volatile. So news trading is very good.

traders use news to predict the price movement. news with high impact can move the market for more than 100 pips. if trader can use this to predict the trend, then they can make more than 100 pips just with news

news indeed have a huge impact on the movement of the market, because the news is often a major concern of many traders. Therefore it becomes important news in forex trading. if we are able to analyze and predict the impact of the movement of the news release, it will make us able to get substantial profits in our trade. Therefore I think the news is having a big impact.

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Originally Posted by hestia

traders use news to predict the price movement. news with high impact can move the market for more than 100 pips. if trader can use this to predict the trend, then they can make more than 100 pips just with news

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The most annoying thing is when it happens wiphsaw if there is a great news, I've been analyzing the good if the price going up, but because there is a problem it's price quickly took my stop losses and profit taking then to the area I'm supposed to have, but it is already

the important of news is the news can change the trend in second and can move the market for many pips. the news can makes us get much profit or much losses. it makes news is really important to know