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.
There are hundreds of news that exists in forex exchange trading, but it is not all of them that give high volatility at all times.so watch the news with only this category so u can easily control ur emotion to trade and also get good income with min.
---------- Post added at 10:58 AM ---------- Previous post was at 10:49 AM ----------
that is mandatory is the news from the country of origin of the currency that we be trading. Note the type of news that are high impact, as you mentioned.but the price more in other direction it is all the banker or capitalism who control it..