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.
this is the most easiest way to income money from forex.. u cant avoid it. dear. news is essential. for trading. cause its.. moving the market.. what u think the traders are moving the market.. if any countrys central bank is lower the intrest rate then what will happen u know .. then why u told to avoid it.. begineres are must practice on it. or they loss the money.. news - may be its political or economical .. its important .. like technical analysis u spare months of months to practice.. just like that spare some month on the news analysis.. i think after that u must .. feel good ..