Now we are getting easier to get a country's economic news. much we can visit to get new news. I usually follow news from forexfactory and dailyfx. There we can see what economic calendar he is going to take and how much influence it has on economic news and every trader who does operations because financial information generally loses a lot of money, our weak points certainly cannot control our own feelings, but we can control the danger by place SL.
One of the great advantages of trading currencies is that the forex market is open 24 hours a day, five days a week (from Sunday, 5 P.M. EST until Friday, 4 P.M.*EST). Economic data tends to be one of the most important catalysts for short-term movements in any market, but this is particularly true in the currency market, which responds not only to U.S. economic news, but also to news from around the world.
With at least eight major currencies available for trading at most currency brokers and more than 17 derivatives of them, there is always some piece of economic data slated for release that traders can use to inform the positions they take. Generally, no fewer than seven pieces of data are released daily from the eight major currencies or countries that are most closely followed. So for those who choose to trade news, there are plenty of opportunities. Here, we look at which economic news releases are released when, which are most relevant to forex (FX) traders and how traders can act on this market-moving data.
Yes, this news is very important for forex trading. In addition profit depends on the work of the country, the political and economic situation. How does it work? The economic and political situation in the country affects GDP and inflation in the country, and indirectly affects the growth and decline of exchange rates. Therefore, forex news is very important. This message gives you everything you need to know about trends in the foreign exchange market. and I agree with blogger. The news mentioned really really has an impact on forex. So I think as a small investor we have to be far from close trading before the news will be published. Now, please let me know where I can get the latest news related to EURO, USD and Chinese news.
I myself never trade with news, and I only know about NFC news, and I always monitor NFC news, besides, I never watch the news, because I think gossip is news, so it's not necessarily true, and I always rely on technical analysis . and we must follow European financial and US financial news to start trading. After following the news we can analyze our trading strategy and reach our decision, for me the news is a bullet to direct prices to break up conflict areas into clear signals ... sometimes good news
yes, Forex News - the fastest news, useful Forex analysis, and Forex industry news, ... Current news is defined as new information that has potential market drivers. ... To follow up on news, only new additional information ... You must be a member to have friends (One of the big advantages of currency trading is that the forex market is ... of the eight major currencies) the currency or the country that is most followed ... must pay extra attention to the market if you plan to release the news. The world of forex trading quickly goes hand in hand short and fast ... for traders and investors to always inform everyone about news ... and Forexfac theory.
wow, very useful info for me, allow this bookmark. To be honest, I don't understand the strategy with the news. I am only technical, just monitor the movement graph and calculate from the existing graph. and I was very interested in the news, even though I could not read the direction of the news to buy or sell. and unemployment information is number one. it manipulates a very abundant market. NFC reports affect the market in the sense that 100 to 200 pips are strong because we are part of a short-term era. constantly trying to be aware of this news and not trading if you are really unsure about the news in which direction the market will go. then stop trading at that time.