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The main importance that the news possesses for us is that it gives the forex currency trading market a new direction. The whole forex market runs on news. News has a very important effect on all of the market. I keep on visiting forex factory website where I can find every news related to forex .
In my opinion trading on the news does not make large profits , but rather the opposite trade against the news brings profit as many beginners who read some news , but the big news follow against first true price is not in their favor, but then they are more than everyone getsQuote:
Originally Posted by fsd123
Be ready 5 minutes before the news release. when the result of the news is in red then sell so that we can capitalize on it to start getting profits through knowing the market direction..
news se hamain forex men achi tarah se trading kerrny men hhelp milti hai jis se hamain currencies ka pata chal jata hai or uuun k rates bhi up ya down hainn is se hamain trading kkerny men asani ho jati hai or ham achi tading ker lety hain.
forex trading is good online business and you can earn good money if you follow the rules and learn well the news play a vital role to earn good money you can earn big profit if you understand news well and apply it in your trading so this is best for us to learn well
Traders who do not understand the importance of news, because price movements in the news quite significant and can penetrate more 100pips in a day and For a new trader also old trader always need to read Forex new for understand market movement while Every people more advance information know to from news by read as well a lot of my trader friend trade on news based on high impact data release for example on NFP.
Its quite easy and profitable for me at the same time like Traffic has only nice in the analyzer technical not, should also be controlled to some extent on fundamental analysis, fundamental analysis because of the price movements often have a very extreme that is you must be follow in forex trading rules if you want to profit then That's why it is wise to wait until the storm of the news calm down then do new analysis.
it is not advised for the beginner to trade at the time of the news because it is very vigorous period need to more experience to success and you can trade with news by using pending ordersQuote:
Originally Posted by sana121
news bhi kuach hadd tak buhat importet hain jis se hamain currency ka knowledge milta hai k wo up hui hai ya down jis se hamain easy hota hai trading kerna or is se hamain achi help milti hai or profit bvhi.
Yes friend Forex business mey economic news ka bahut hi importance hota hai.Kai big economic news toh market ka trend tak change kar saktey hain. Economic news ko correctly analyze karke trade karney sey hum kum time mey bhi zyada profit earn kar saktey hain.