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what type of forex trading do you want to trade in forex trading business, like day trader, scalper or swing trader, then make strategy according to your trading style and set the time frame according to your trading strategy . it is good for all forex traders..
The value of a Credit Default Swap (CDS), now has become one of the most important fundamental indicators. A value of credit default swaps could be a reference to a country as the most accurate forex indicator in predicting the movement of the currency of the country, both in the medium-and long-term.Quote:
Originally Posted by Ramnit
News trading main boht he zada best or important role play karti ha sub sa ahci or best sa best strategy trading main news ha joo trader trading main news ko follow kar ka trading karta ha wo kabi be loss nahi earned karta wo trading main profit he profit earned karta ha esi waja sa news best or ahci strategy ha trading maine..Quote:
Originally Posted by forexpips
news has the most influence on forex market. the people who can get the news early are make a lot of profit within short period of time. technical analysis will give good trend line in normal market condition but in news released the technical analysis did not work and market moves very rapidly. so we have to keep an eye on the economic and political event of the developed country of the world. good new will give opportunity to make a lot of profit.Quote:
Originally Posted by forexpips
It is good to trade during news because it can give us many pips of profits in short time because high impact news can give impact to price in moving trending, bullish or bearish, in short time. If there is good analysis so it's possible to get many pips without waiting too long.Quote:
Originally Posted by muna1982
news is very important to start a trade.i follow news before start a trade.we can know countries economical situation which can help us to understand that couriency will move which side.many times news is all correct and we can get profit for news.
Forex trading is depend world economy . because forex trading is currency business and world economy give big effect in trading business so watch world economy news than start trading .
thats true,forex trading is effected by the conditions of world economy..and analysing news is a must to knows the conditions of the market,so news is important to knows beffore decide to buy or sell,but dont forget to analyse the chart histories,technical analysis is imprtant to to gets tne best result!!goodluck!!
we know that fundamental analysis is very essential part of forex trading and news is a part of fundamental analysis .the important news have a vital effect in the forex market such as NFP,fomc,cpi,retail sales news ,after release this news the market become more volatile and some time the market move 10-60 pips .we should also pay attention to geopolitical news such as war,natural disaster,political unrest,and electronic.
The pound is located within a technical pattern and with a short-term uptrend. Given that this pair has had a few movements in recent days. It has faced on the downtrend line, trying to close above 1.6170, as you can see on the chart.
Given that all markets are optimistic about the summit meeting of European leaders to be held on...