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well i will tell you the effect of news ( market news on tv) very bad coz just two days ago when the eurusd market had reached a high peak i was watching tv news to keep in touch with the experts as to what they say, they said it mit stay stable so i decided not to close my trade and left it and when i come back i was in -40$, real bad time,.......well i know this comment of mine is a bit different than all urs but just tht it was related to news so i thot of sharing it
Forex is a good currency business. The market moves along with the announcement of headlines from various countries. interest rates announced by central banks from major countries are great market drivers. Only news that affects trade, news affects people and people influence prices and then prices change charts, the main thing is news but unfortunately we cannot trade news because we know lately.
i have been trading in this market since last 3 years
I have seen various time how news can take market away from you with in few minutes
I still remember once i lost 120$ in 1 deal just because of NFP reprt
I think forex is a better job. That news has become a very important factor in forex and is very influential on FX, but as you know there is an analysis of Forex news that teaches you how to deal with the market at the time of the news. Best of luck. Surprisingly rapid information can definitely reduce industry benefits. In addition, information that comes out consistently also affects the market significantly. What I want to ask my people is to give a few cases of information that have an impact on the market.
Actually when the high impact news was published then the market moved very high and at this point I thought the technical analysis would not work but when there was no news the technical analysis helped us. so we need to understand both, but we need to follow the news more carefully. if we talk about ordinary news rather than NFP announcements but for something truly unexpected is like the last one can get when there is news about Greece asking for help from the IMF, the euro falls like a shooting star, and only after 2 days they go up like rockets.
Interest rates reports . Ye forex trading men sab se important news hoti hai. Her country ki apni apni interest rates reports hoti hen. Jo aik month men aik bar ati ha. Ap economic calender se in ka time table dekh sakty hen or us ko follow ker sakty hen
ye sach he ki news trading se accha kamai hota he par ye aur bhi bara sach he ki news se kai log apna balance 0 karli he. maine apna 60$ news se khoya he. tab main news trading ke bare me utna nehi janta tha. market thik ja raha tha. par achanak market ek aisa mor li ki balance 0 pe akar pohcha.
Forex market news has a good impact on the forex market if we work in the forex market according to the news then we can win more and easily and money is very fast we must always need to deal with news and trends in the forex market if we have done a good job then we can win more money. Forex is an example of goods for work items and posting is stuff and a bonus for a present job for human goods for postal and better money income for work now all the money earning human goods for work so join forex and crazy income items.
We open whether it is true or not, the actual news announcement. Sometimes after news the market may move against what was speculated before. I always wait for some news so I can understand the strategy. The most important and biggest Forex currency and the biggest market on international stock exchanges, it is difficult to control or manipulate this market very difficult, but there are major economic news, and here the problem is the central bank and sometimes you buy currencies for application programs and economic development project.
That this news has become an important factor in Forex trading and is very important in FX, but you may know that there is an examination of Forex news that shows you how to deal with this market at the time of this news. News is a kind of tool in the forex market that can change the market suddenly so that it is the most important indicator on the market. for example if there is a very definite trend in the market and that happens, but if strong news emerges, the market can change.