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Thread: What is importance of news in forex trading?

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    Senior Member rak is an unknown quantity at this point rak's Avatar
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    Forex trade may news sirf oss waqt aap ki trading per asaar andaaz hoti hay jab aaap scalping ye day trading kertay hain, agar aap long term trader hain to phir daily news ka itna ziada effect aap ki trading per nae hota, laykin phir bhi aap ko oss per nazar rakhni cheay.

    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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    Member sadam is an unknown quantity at this point sadam's Avatar
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    Quote Originally Posted by Awan View Post
    I think if someone wants to succeed as a Forex trader, it is important to be informed about the international economic and political developments .Even if you are using only technical indicators & graphs and you do not care about the fundamentals behind a currency pair you should not ignore the news and especially the time of news announcement.
    but according to some traders do not have to know the development of world economy, because we only focus for studying technical analysis we can also trading well and can get good profits.

    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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    I think if someone wants to succeed as a Forex trader, it is important to be informed about the international economic and political developments .Even if you are using only technical indicators & graphs and you do not care about the fundamentals behind a currency pair you should not ignore the news and especially the time of news announcement.

    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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    Quote Originally Posted by forexpips View Post
    in forex what is news important and from where found the news and how judge the news i am trading in ero usd . which procedure use to find news like Tv or live other website or which one we use to find best .and what is effect news on forex market.
    yes the News have play a good rols and he is important in the trading of the forex market because news come with ability of to make the market of forex move in direction that news chose.

    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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    Member truegoa will become famous soon enough truegoa's Avatar
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    Quote Originally Posted by sukeshroy View Post
    Forex movements basically depends upon traders expectation and price move to that directions where expectations is more during releases of news most traders expectations changes quickly and price follow them.
    That can be true that actually price move based on traders' expectation, supply and demand. News release time (major ones) are time to wait for many traders to take some action. So, when the news are relased, some expectation will follow the news' fact and surely price will com after its expectation beside it demand and supply.
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    the possibility of success will increase if we combine fundamental analysis with technical analysis when we trade in forex.But I think there are traders who have good command of forex knoweldge can achieve it

    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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    Banned fasttrader is an unknown quantity at this point fasttrader's Avatar
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    In forex trading, all movements of charts have some background. News from the different countries specially world big countries which has influence on world economy i.e USA and europe countries. news always affects the market either in positive way or negative way.

    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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    Senior Member abanga is an unknown quantity at this point abanga's Avatar
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    News is important, it gives you a confirmation of your technical analysis and the fundamental information you have on a currency pair there by allowing you to make a much more informed decision when making you trades

    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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    Quote Originally Posted by profit50pips View Post
    forex is a fluctuated market, no one can predict the movement of forex market all the time, good traders always know the nature of forex, so they can feel relax when they encountered loss.
    actually in this Forex all time the trading condition is not go same way so traders need to see this news of this trading i think this trading news helps the traders gain success and protect from loss so it is useful.

    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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    Quote Originally Posted by traderfxtv View Post
    Forex movements depends largely on the expectations of prices and traders move to that direction where expectations are more in the press releases of most traders' expectations of price changes quickly and to follow them.
    very true, but that in view of price movement that many factors affect even the political turmoil is also capable of affecting the price and this is where the difficulty of playing the forex business. because they have mastered the whole thing on the market.

    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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