and CPI, those 3 are killer(NFP is the main killer since it will make a pair jump of fall easily), to understand those news we have to put our self as the one who affected directly by it, like when NFP news out, we have to put our self as american people
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its almost invisible brother, you perhaps notice it on your chart, but if you put a pin on every time huge impact news out then you will realize that news have many impact to the pair on the long run
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i think the opposite, most of the longer term trend are created from cumulative of news impact, the example were 2008 recession when the market fall because of many bad news about credit default
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its true not all the news have great impact which we can see in economic calender of high impact and low impact but before i see high impact news have no doubt big impact on market but sometime low impact news also play great rule and for this if we trade with news then we need always careful
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nehe ye sehe nehe ha dono ko proper importance dene cahaye dono h kam kerte hain ager ap technical analysis kia hua ho lekan fundematal nehe or news break ho jae toOriginally Posted by Mr. Tukul
like aik inssan two legs k bageer kam nehe ker sekta isi terhan trade mein ye dono analysis kafi bilkey compulsory hain
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ya its great if we install that but i think if we see th economic calender each day of incoming news of that have or not than also better and i always do it and when see there is news not so far than sure wait for news and if see its still far time then start to short trade.
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I am fully agree with you because i also think when there is very first impact of news in market then when it released it may break everythings and then technical analysis go fails , so i think its always good to check atleast important news .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I also start forex depending on technical and also spend many time to understand to indicator but after few time i understood the impact of news and now trying more depending on news . actually where there is no news and if news far then depending technical analysis and entering market.
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I also dont know your mention strategy but i think its not hard to trade depending on news actually and if anyone find hard then they may atleast uptodate from news which is really help us to understand of that particular currencies economic situation . anyway with technical if we mixed this news then its really better.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Both are essential for getting the right momentum.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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