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About news trading

MarcellusLux (MarcellusLux)
Jun 29 at 12:41
17 posts
taskfries posted:
Refreshing up with everyday news is cool but while making trading decisions it’s important to consider all aspects and not just news. Everyone knows, forex trading is affected by more than just news.

This is the complete truth that every 'News Trader' and every other style trader should understand. News is just one of the factors while, I repeat, it is difficult to predict.

A potentia ad actum!
FXOday (FXOday)
Jun 30 at 00:00
80 posts
Yes indeed not easy to predict News effect, sometimes forecast and actual data should make the currency being stronger, but what happens is opposite, because this reason not all news giving exact impact into currency but reading the news is important because the trader can make preparation trading, like as technical trader usually stay away from the market if there are news high impact like as NFP

UweMoench
Jul 05 at 12:05
458 posts
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.

FXOday (FXOday)
Jul 05 at 23:02
80 posts
UweMoench posted:
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.

Yes like as NFP news on the last Friday of this month, effect the news giving high impact to the market, where suddenly some pairs move rapidly, like as EURUSD move up only a few minutes then bounce back and then up again, it can make confused to handle position, because this reason some technical trader prefer no trade.

theoLOGY
Jul 06 at 05:58
4 posts
only do news trading if the news are major else the impact wont be much on your trading.

marshallbuchanan
Jul 08 at 06:00
15 posts
An important factor in making investment decisions. However, it is not the only deciding factor. Keep an update on the news about trading to get an idea about the trends but do your own research.

karlaelliott
Yesterday at 04:42
5 posts
@ MarcellusLux I absolutely agree with you. Always going with the news would not prove to be a good idea. It is of course very essential for all other aspects while trading forex.

CakeMoss
Yesterday at 10:29
3 posts
I had a great strategy that worked so well around news events. it made huge profits on demo but when I tried it on a real live account he spread and slippage took all the gains.

MarcellusLux (MarcellusLux)
23 hours ago
17 posts
karlaelliott posted:
@ MarcellusLux I absolutely agree with you. Always going with the news would not prove to be a good idea. It is of course very essential for all other aspects while trading forex.

Those traders who are keen to trade only the news races are just looking for ways to make money fast in Forex, but forget that this is day-to-day hard work.
Analyzing news, possible risks, risk plan and money management, calculating entry points, analyzing related markets and political events, looking for possible options for exiting the market and making the most profitable decision, these are, in general terms, what is important.

A potentia ad actum!
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