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Thread: What is importance of news in forex trading?

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    Member mr xodox is on a distinguished road mr xodox's Avatar
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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.
    news gathering could be from anywhere boss, an important reference to the market.
    i prefer to read from the internet and information exchange as well as friend so..

    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 sathish999 View Post
    news release can be find on forexfactory.com. Be ready 5 minutes before the news release. when the result of the news is in red then sell and when the result of news is in green then buy. Trade especially the Nonfarm payroll news
    When we trade on news releases, we should look for 3 main figures that are previous, forecast and actual figures. After all of the numbers have been released, wait for the market to push and wait patiently for a decent retracement before getting in. Look for recent support/resistance areas for entry as a high impact news with various components are extremely volatile, and those who are patient will always get a chance to enter with a much better entry.

    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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    Junior Member juned is an unknown quantity at this point juned's Avatar
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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.
    a little help ...
    when I used to take the site in instaforex.com. there are also many mberita that could help to our trading. I also use indicators in grafic, such as MACD, Fibonance, and much more.

    ---------- Post added at 05:41 AM ---------- Previous post was at 05:37 AM ----------

    Quote Originally Posted by sathivai View Post
    i think forex news is most important in forex market but i think every new trader should be avoid forex news for many reasons
    Why do you say so? and what is the reason we are to avoid the news? but it is very important news. because the news is affecting the market. As an example of a country's sudden economic crisis, it will directly affect the currency of the country. What is that?
    Last edited by juned; 2012-07-30 at 11:13 AM.

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    i think forex news is most important in forex market but i think every new trader should be avoid forex news for many reasons

    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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    News is important what will be the next movement of trade.It helps a trader to do order.
    Loss or profit depends on realizing market through 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.


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    Quote Originally Posted by anmorasi View Post
    In my opinion, how important news, depending on what the strategy is executed. and how much capital is owned. because according to my understanding reading the news for long-term
    That can only be true if we considering news as part of our long term trading analysis. But, for short term trading like news trading, we just need to sparate news by its history's impact for any pairs in forex market. Since we have to cacth any spike that caused by news release, we can just doing history research about the news we will trade and its spike preparation times.
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    forex traders should always follow economic developments by reading the news.fluctuations in the currency of a country can be predicted by following news on the country. I think that's importance of a forex trader reading the 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.


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    Quote Originally Posted by anmorasi View Post
    In my opinion, how important news, depending on what the strategy is executed. and how much capital is owned. because according to my understanding reading the news for long-term
    for me i prefer the short therm news like in the ecoomi calender. indeed is dangerous for me but i only want to increase my skill in forex trading strategies. maybe i can combine the technical and fundamental analysis,.

    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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    The forex news are also of very importance in forex trading, sometimes the trend of market is not understand able the news gives the updates about the trend, by help of news you can make good strategy.

    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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    In my opinion, how important news, depending on what the strategy is executed. and how much capital is owned. because according to my understanding reading the news for long-term

    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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