hello friends ..every where ..every body told must follow the news.. here evry hrs some news are publish so which news we must follow or not..me also try to follow it.. with this u must use the lowest leverage so u can gain more pips..
this news for eur/usd,gbp/usd, usd/cad,eur/cad, and eur/aud..this pair are influenced by news very much.
1.Intrest rate decissions by central banks,
2.GDP
3.Balance of Trade
4.Unemployment data
5.inflations
6.Retails sales and manufacturing
7.Business confidence
8. consumer confidence
with this news publish..above pair will moves to 50-100pips
so must follow this news for get best result with ur stratagy.
News offers degree of impact. I have a web site which I make use of which has financial calendar and on their own theirs a few stats about how a lot this particular news heading to impact the actual market. This really is important as a result of u can anticipate the actual market volatility through simply expecting which news to come back. I typically position personally until the news come back. and place a good SL worth and allow the actual TP open for myself to take benefit.