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News is very important in forex trading. It is news that moves the market most of the time, especially in this period that we have crisis in the Eurozone. Any little news right now will have some form of impact on the direction of the forex market. It is very good to pay attention to the news at this point in time.
News in forex trading have too much importance because news are related with market trend and you can analysis and manage your trading according with market trend.
News moves market unbelievable Some trader wait for news. News is big opportunity for news trader. Now many ways you can get news. But if you dont understand news properly dont trade when news release.
here is an advise that nothing you say in forex trading. if an operator can to date on news and carry on all new base so he can earn more money. or the difference here between what we read in the same news and our strategy going showed various choses.alors it should negotiate for the time of irradiation in this new and real state.
every economic news is important in forex some are more important and some are less. web site is perfect for news you can find everything in website forexfactory is best for news .Quote:
Originally Posted by forexpips
well if the news are positive for that currency most of the time that currency will be bullish since the trader will buy it and when the news are bad then traders will sell it it means it is bearish.the only problem is sometimes what you think that the news are good but for main players they see it negative and when you will but then they will sell.
News will give impact to move the price in certain direction quickly and usually it will move in trending when the news
is high impact news. If you are news trader so you can gain high numbers of pips in short time when you use high impact
news so you don't need to wait too long.
yeah you are right, but I want to know that what is the meaning of red and green, you want to say about candles, as we have to see the impact of the news first before opening the position, as I have not find the red and green signals on forex factory.Quote:
Originally Posted by sathish999
news are very important in forex market and before open a trade you should be study the market deeply and analysis the news by market moving chart, if you are an experience trader then you can easily trading with the help of news.
you can also see the news on television, european economic news and economic news the United States, because you use a pair EUR / USD. although the European economic news is only affected by one country alone, it also is our reference can be made in forex trading.