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Best way to avoid the news.
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Pullback34

Member Since Dec 30, 2018  1 posts Pullback34 Apr 17 2019 at 10:48
Hi Guys and Girls,

Whats the best way and easiest way to avoid trading the news ?
And how long do you wait till the news is settled down ?

Trading is not about how much you make, but how much you didn't lose. / Push yourself because, no one else is going to do it for you.
AmDiab

Member Since Apr 18, 2017  652 posts AmDiab Apr 26 2019 at 11:56
Close your chart; but make sure your all trades are close now! That’s all.

Hardolian

Member Since Dec 28, 2018  21 posts Hardolian Jun 25 2019 at 08:02
You mean current ones just not to get distracted or something built in in broker interface ? If it's the latest then please stop all trades and just close trading program or have you mentioned anything else ? Please be more specific here ?

Adribaasmet

Member Since Aug 27, 2017  842 posts Adribaasmet Jun 29 2019 at 05:51
Pullback34 posted:
Hi Guys and Girls,

Whats the best way and easiest way to avoid trading the news ?
And how long do you wait till the news is settled down ?


It depends on the news type! At least you have to know the news sessions time table! So, use economic calendar!

Anayallador

Member Since May 10, 2019  17 posts Anayallador Jul 21 2019 at 19:57
Best way to avoid the news is simply stop watching them completely all together anyway. Only select such ones which will be needed for your current today market trades and that's really it, so no more other news at all completely and totally. How do you see it ?

Mulberry

Member Since Jul 10, 2019  11 posts Mulberry Jul 22 2019 at 13:00
Don't bother avoiding it. There are so many news events all the time every day. If you start avoiding some where does it end. Some enough you will find yourself not trading at all

kansasbob

Member Since Apr 30, 2018  2 posts kansasbob Jul 22 2019 at 14:05 (edited Jul 22 2019 at 14:07 )
What's the 'conventional wisdom' on how long you should 'shut an EA' ahead and after high impact news. Currently set at 4hrs before and after. (News Filter)



Adribaasmet

Member Since Aug 27, 2017  842 posts Adribaasmet Jul 22 2019 at 14:39
Pullback34 posted:
Hi Guys and Girls,

Whats the best way and easiest way to avoid trading the news ?
And how long do you wait till the news is settled down ?


Use the economic calendar to know the sessions of financial events and then close the chart! It’s simple!

lavis_book

Member Since Jul 09, 2019  34 posts lavis_book Jul 23 2019 at 08:59
I do agree with this. Watching too much news and going behind economic calendars all the time, destructs your trading routine. Going too high on news takes away your objectivity and logic. You are just keen to mould your trading plans according to the news then, not taking any practical decisions based on your own trading knowledge, which can really prove dangerous as far as your trading returns are concerned.

Aqissiaq

Member Since Jul 23, 2019  8 posts Aqissiaq Jul 23 2019 at 09:04
I like to get heavily involved with the news. I follow every announcement and try to get a fundamental view of FX pairs and use that for my trading. It can be confusing at times when there is positive and negative news but that is what everyone else is seeing so it is a story in itself. No point ignoring news. Information is power and the more information the better

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