News trading hour can affect the market a lot so it important we note all the hours and time of news release so that we can use a good money management to avoid losing of big money because news release can change the market a lot.
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News trading hour can affect the market a lot so it important we note all the hours and time of news release so that we can use a good money management to avoid losing of big money because news release can change the market a lot.
yes , personally my dear for me I also do consider that news trading can make you money very fast if you know how to trade it. It is not every trader that is into this business that knows how to trade the news. Some might look at the details given but will place another order. But the experts will just analyze it in a very simple way to their profiting.
i agreed sir ki news boht important hai trading sector mai kyuki maximum new ke guess jada kaam kr jaate hai. forex ke liye mai news ho acha smjhuga. jo traders news ko follow krke chalte hai woh achi eaning kr lete hai. news ka role forex mai boht jaruri hai. isse trader ko mind mai strategy bnane ka mouka mil jata hai.Quote:
Originally Posted by mayengbam
my dear in forex trading actually I consider that news are backbone of trading and some have long lasting effect and some have short term effect and this is how we can see our technical portion also and if news is supportive we should go with the trend and should take closest stops possible as there are too many whispaws that happens during the risky news events.
Hi @>-markets move as per the announcement of major news from different countries. interest rates announced by the central banks of the big countries are great movers of the market thanks you.
personally my dear for me I also do consider that the effect of the news is very much high so you must have to be careful while trading on the news first you must have to understand the news then onyl take proper trade in the proper direction to make good amount of profit.
of course, personally I think it is true that we should know that news trading has a great impact in forex trading because sometimes high impact news could change the trend of the market, for example NFP report, Rate, unemployment etc can change the trend of the market.
News trading me important factor hai.Jis ko follow karna zarori hoti hai.News ko follow kar kay many traders trading karty hai.News say market situation ko easily analysis kia ja sakta hai.Our news say hum good earning kar saktay hai.
personally my dear for me I also do consider that news trading is very important for all trader either they trade long term or short term because if we open a trade and after sometime a high impact news broke than our positions will hit the sl or it will keep floating and in worst case mc. So always check for news before trading.
There is no doubt that news brings movement but upto which side is depends on the release and If you have patience there would be news synchronize with trend and the history have hints of buying and selling prior to release but it does requires a lot of knowledge about the news impact in the past and also the way it would react in the recent times and how much movement it offers average with the deviation in the release for profits and stops targets if it went the wrong way.