first of all,trading the news is the hardest thing that you can ever do. Its when you are having fun in trading forex that you realize news affect currency movement big time. Interest rates. When you want to trade forex news you just have to have a very fast internet. Fast internet is the key. Never trade news before they come out. Always after because predictions change.
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.
Alizahid (2020-11-15), Aonkhan532 (2019-05-17), ntn (2019-07-10), Pk25 (2020-09-21), raheel001 (2020-10-31), shahbaz165 (2017-09-16), shani125 (2020-12-01)
trading by using an analysis based on the news will indeed be able to strengthen the technical analysis conducted by the trader, so we should continue to seek information from the news every day and see when that will be news on the release of each session in order to facilitate analyzing the market and make the right decision to do the OP.
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 broadcast solution in an easy and very simple and I will explain to you later
If this news came a larger than expected and the news story is the past, then a positive affect on the currency
And if the opposite story, the negative impact on the currency
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.
Timing of major news is pre-announced and known in advance, so sit in cash until the news announced and the impact on market is over and give some time for market to correct then only enter to trade
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.
High impact news are good and easy to trade as using these we can determine which way to trade in the market and as the trend remains at least for few days directed by that news it give easy money making opportunity but we should be careful for those news which are incorporated or discounted in prices in few moments. Also when a news is to be announced usually market make good movement guessing the news and when news is not upto expectation it returns back so we should avoid trading few hours before such major news is to be announced.
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.
Alizahid (2020-11-15), Aonkhan532 (2019-05-17), buttar (2019-03-15), ntn (2019-07-10), Pk25 (2020-09-21), raheel001 (2020-10-31), Shahnawaz148 (2019-05-10), shani125 (2020-12-01)
Hey its not good trading with news because news some time depend on politic view and some time not real only its approximate so choose the analytic and enjoy only benefit and earn lot of only dollar ,If you have big invest then you do with news some time so choose your experience First.
Sandeep rana
Skype - sandeeprana511
Http://twitter.com/sandeep_rana1
Http://facebook.com/sandeeprana4400
Alizahid (2020-11-15), Aonkhan532 (2019-05-17), buttar (2019-03-15), ntn (2019-07-10), Pk25 (2020-09-21), raheel001 (2020-10-31), Shahnawaz148 (2019-05-10), shani125 (2020-12-01), usmanbaloch (2018-03-31)
How do you trade the news in forex trading?
A lot of people have been asking on how to trade the news.
although i strongly do not recommend just trading based on news only, but heres some pointer.
1. News are categorised into the level of impact. low, medium, high
just like the word high, high impact news can change the trend of the market. changing a downtrend into an uptrend and vice versa.
some medium impact news do have such capability too.
2. watch out for the upcoming important news weekly and daily.
and note which pair will the news affect.
3. if you are in a position and there will be an upcoming high impact news in 2hrs time.
take either half your profits first as the market will start going frenzy usually 2hrs before the news. shift your stoploss to breakeven. this way, if you are going long and the news impact reversed the market, you still got half your profits and broke even on the other half.
4. if you are not already in position before the news. wait for 10 mins after the news is out before entering. as in the first 10 mins, you will see price go spiking around and it happens alot of time when once the news is out, price goes spiking up real fast. you will be there thinking if you dont catch the boat now, you are going to miss a hell lots of pips. and when you got in at the high, price went spiking even faster downwards. what the..?!
did this happen before to you? Dont worry,it happens to every one.
this is how the market works.
one reason is that when the news is out, major players throw in a sum of money enough to move the market up. when people sees the market moving up, they jump in to push it even higher as they went in with the fake movement. the major players then wait for price to go up high enough and then they step in to throw in large influx of money to short it. gaining great amount of pips in a short period of time. i know this happens, and it happens a lot of times.
the other reason is that, the market is based on sentiments. even though the news is positive, and people start buying it long. making the market move up. but if the general market feel that the news is not as good as expected or for some other reason. the big players and professional traders will start shorting it. leaving the losses to those who just traded on positive news.
therefore, one way to go around it is to wait for 10 mins after the news is out to evaluate the REAL market movement before entering.
but as always, i highly recommend adding price action confirmation to it. then you have a high probability winner.
i hope this article helps and leave me a comment to let me know how you feel or any additional input you would like to add are welcome.
Asia Forex Mentor,
Ezekiel Chew from www.asiaforexmentor.com
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.
Alizahid (2020-11-15), Aonkhan532 (2019-05-17), ghaplex (2012-02-20), niks (2012-01-17), ntn (2019-07-10), oja (2013-05-08), Pk25 (2020-09-21), raheel001 (2020-10-31), Shahnawaz148 (2019-05-10), shani125 (2020-12-01), siredewe (2012-02-21), tifanny (2013-11-10), usmanbaloch (2018-03-31), valelatif (2015-01-27), zhyada (2012-03-30)
There are currently users online. members and guests
Threads:
Posts:
Member:
Thread: 
Subscribe
Thanks
Currently Active Users
