-
I am now starting to study fundamental analysis, does the EA use fundamental analysis? most EAs use pure technical analysis, with a scalping style, most traders only think of big profits, which makes traders have bad psychology, and become greedy and very good trading news but we can't do this all the time. If we start waiting for news, it will be very difficult for us to trade forex. I usually trade on TA and at the same time I try to find out the latest news so that sudden news does not interfere with my trade.
-
step by step to learn about analysis. Technical analysis is also good as is fundamental. if we have mastered the technique we can learn the basics and can use both of them and I am now starting to study fundamental analysis, what does the EA use fundamental analysis? most EAs use pure technical analysis, with a scalping style, most traders only think of big profits, which makes traders have a bad psychology, and become greedy
-
Trading based on the news will provide an opportunity to get a lot of pips of movement because when there is a high impact news appears it will usually bring the price to trend conditions and if we can make a good analysis so that we can get a lot of dollars in a short amount of time. But if we make a bad analysis, we must use good risk management so that we will not take too many losses and someone does not need to wait for the latest news or news to be traded. It is important to react positively to news updates and people must know the impact of news on the market and how the market will react to it. This requires proper basic and technical knowledge.
-
Main din main 5 times login hota hon ye bahut interresting hi kafi information milti hi.
-
Understanding fundamentals is far or less the same as technical understanding because there are also numbers there, we must put our minds as people who are related to the news and think: what should we do if the data is higher / lower than expected and I am still having trouble doing fundamental analysis, forex trading must learn the process of having to use manuals, find profitable strategies, and study psychology, all learning phases
-
Big news can take the market away from your value in minutes. Your indicator or chart will only change 1 story. Your direction will change and you can get money quickly or lose money quickly. and yes i know learning learn but what if we follow the trend we can get it that way too and brokers abt what is new will help them also to benefit because they are short term traders
-
Yes, you are right, a beginner should avoid trading during news releases because he may not have a clear idea of the effects of the news so he can open a position in the wrong direction that can cause him a big loss. and it would be better in my opinion that beginners to avoid trading as long as the news is released it is difficult to know the news because we often see that the data does not match the news market response
-
You really need to have good technical knowledge even to trade news because if you don't know how the technical is synchronized with the fundamentals then you can go in but don't know how to get out but risk management can give you all the answers proportionally to your stop and this can be done successfully but you really need practice to master both. And this is one risky trade to trade on the news because you might not move how many pairs will move so you have to understand that you have to understand the news first then you have to place trades so you can easily get a good income from that volatility
-
yes it is true we can get a big pip at that time but it is also true all the time it doesn't happen. Suppose if there is a good enough Actual then the forecast might be higher than the price of the currency but sometimes there is a crazy move too. but when the impact is big then most of the time is like that to support that courage. and hi this is amazing and cool to get a chance to profit in forex trading with news trading. But some time it was very risky because the market movement was very fast and the media coverage was late at least 15 mint or more.
-
I believe the dealer gets a minimum balance that is used to stay away from transactions even though there are a number of reports available on the market ..
The main report might take the market place away from your own prices together in a short amount of time .. And so new dealers stay away from trading from these basics ..
It is legal that you can make big dollars in the reporting process ... but on the reverse side, you can find the possibility of losing dollars even further.