Trade with fundamental analysis (Set Buy Stop and Sell Stop In The Same Time)

And you can check for the news release at forexfactorycom that So I follow for my trading both technical and fundamental analysis which are key for the price movements and I now just want to be a master of the fundamental and I might be able to do to combine both that is Forex market is very uncertain and risky so we must use both fundamental and technical types of market analysis that Combining technical and fundamental analysis in trading is fine specially if you are trading in stock market but for forex trading for me it's already enough to rely more on technical analysis

yes i think the trader do not need fundamental as the base method for their trading and they just wait for the profit for one of the order and close at exit point and wait another order until meet the lower deviation.

Dear mere khayal se humien trading apne fundamental analysis se hi karni chaie q k ye sab apni invest pe hi zada depend karte hian agar ap trader apni invest se zada volume se lagate hain to tab definetly stop loss aur take profit use karna chaie q k ic se apka account b save ho jai ga aur profit howa to faida humein ye steps har hal me use karna chaie.

For me, I do not think you are doing right there. I think you are gambling to set the orders there. The forex news usually shocks the movement of forex so much. When you refer to observing the latest global financial situation and knowing how this might affect the direction of the currency markets. After the analysis of the fundamental news, then you can make your decision to buy or sell the currency pair in forex trading.

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Originally Posted by Fatehpur

Dear mere khayal se humien trading apne fundamental analysis se hi karni chaie q k ye sab apni invest pe hi zada depend karte hian agar ap trader apni invest se zada volume se lagate hain to tab definetly stop loss aur take profit use karna chaie q k ic se apka account b save ho jai ga aur profit howa to faida humein ye steps har hal me use karna chaie.

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ye to khair jaruri nahi hain ki trading mein fundamental ka hi istemaal kiya jana chahiye bahut si trading hain technical mein kafi kuch hain yaha par mein bahut se trader ko technical hi karte dekha hain bhaiya ji

Yes its true that when ever high impact or most important news release market moves very fast.If our prediction wrong then we may lost our account.So thats why i also suggest all of my forum follows to set stop loss in your trade when ever you going to implement news in your trading or doing trading with respect to news.

It is true, the pending order is effective to trap fast-moving market. I often do that too, but not all the news I was tricked. only high impact news only. maybe it's a good chance in my opinion, there we can get a pip in large quantities in a short time.

this is the best way for trading with news but only the high impact of it, in the same time it is dangerous because of the whipsaw movement that happens sometimes when there are 2 news released in the same time and they show different results

No need to set a buy stop, sell stop at the same time as we are trading with fundamental analysis. The best way is obviously to know the news figures and then apply them to the live accounts to get more positive trades in forex trading.

That's a very good idea to trade, we have read many things that news trading is important to make good profit but we don't know how to read the news well and trade accordingly. And you have given a good example on how to trade news without even knowing how to use that news for trading. i will surely use it or try it in my trading