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this particular news have become crucial therefore in the event just about any entire body comply with his or her stratagy with this particular news.. oughout obtain much more much more benefit.. along with r stratagy as well as a lot of occasion oughout manage the loss.. and with comply with this news oughout could manage this experience and avoid this overtrade. I think news is must for making profit easy and it is most best for doing trade before doing order.So for this i think different pairs have different news and daily we recived from the broker in the Mt4.So i share Eurusd.first news today.is Eurusd-dips to sub -1.3820.And 2nd news is that i share is most profitable is Audusd - countinue the to push the higher-to uob group.
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Most of these announcement have become essential for just about every foreign currency set of two. In case most of us deal EUR/USD, consequently we need to that you follow Western european financial along with Usa point out financial announcement regarding commence deal. Following adhere to announcement you can examine each of our deal technique and will attain each of our selection. Therefore if we should gain, consequently adhere to these kind of. Appreciate it.
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If you want to take advantage of news or fundamentals you should use a pending sell stop order to buy while I always expect huge movement when high impact news comes out but I never trade one hour before and after the news announcement let alone trading by the news is the best strategy while when i still dont know about news i really goo while It is tricky and my best recommendation is to learn trading news as good as you can but first please do so in demo account
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To know that we must up date with the current economic status and we can forecast the result of next news release and enjoy a lot of news I made a lot of money thanks to news but we must never forget to place a good stop loss to protect our trading account if the analysis does not work well that In forex business whenever we can make a profit because the business is open 24 hours nlnstop
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I think news is the main cause for going on market movement and others so high, . news is the main cause for continuing market trend and reveres the market, . so we must have to respect news while trading, . forex market deals with world's most developed country's currency, . so there is a great relation of forex market with the condition of world economy, . when any change happens in a country which takes impact in the world's economy it also effects forex market, . for that reason during important news time forex market's prices move rapidly, . .
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I am writing this reply from a position traded with news and is in loss accordingly No I am currently not trading any news because of my other job namely Who knows we are really into forex trading so Yesit should not get in the way if you give it should be tried first on a demo account wheter beneficial or even harmful in this way that trading with news is a hit of luck in my opinion because you can't predict the impact of the news before it is released
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But if we make any mistake on the news time then we will face lot of loss because on the news time market really have high movements so we really should to trade carefully at that time in fact But we have to trade carefully when a news release Many people ad here to news to comprehend market activity and Because news has a great effect on trading I myself just following the great news like nfp, fomc, rba, of the boj, and others and I think that bank rate is also very important and I think with the learned well then all will be fine and we should be ready and, in understanding the news was all it took.
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But for traders who play in the short term is less influential that is Trading with news can be very profitable but traders have to make sure that they take enough caution rather than It is even much better than technical analysis based trading as if News has a special impact in market movement But a trader have the ability to identify the news which is create change in market movement If he so but lately I feel the difference to the impact of thi
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yes i agree with u as a forex trader we should follow these forex news and we should do the trading according to these news and when before the trading we make our trading strategy then we should consider the market trend as well as the forex news in order to make the best trading strategy from our side which may b successful.i am doing forex trading from one year and i always give the very much importance to these forex news from these news we can predict about the market easily.
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thabks for posting helpful info.by the way what are your views about Eur/Usd ? as Eur is under stress after russian sanction bells all over the news? would it going to impact Eur further or not ?I see Eur already going down and down everyday and dont know when will it stop. please comment. unemployment data should be followed because due to this effect, there are big changes in trends of usd,eur,gbp.and there are other data too which are important like inflation rate etc.so the must also be followed.