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Best way to avoid the news.
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AniLorak

Member Since Apr 18, 2017  864 posts AniLorak Jul 23 2019 at 15:24
Aqissiaq posted:
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


Nice to see your interest on news trading! By the way, which one is your favorite news trading event?

Jumo

Member Since Jul 24, 2019  23 posts Andy Peters (Jumo) Jul 24 2019 at 10:55
Trade currency pairs not at the time of their trading sessions.
See the calendar in advance and set yourself reminders.

kansasbob

Member Since Apr 30, 2018  2 posts kansasbob Jul 24 2019 at 13:20
Lots of good opinions on trading the news or not trading the news. Still looking for opinions or guidance, or 'conventional wisdom' on the length of time to shut down before and after scheduled 'High' impact news. i.e. 1 hour before and after, 2hrs before and after, etc. etc. I'm passively trading on an EA that has a 'News Filter' with time settings for before news and after news; as well as OFF. Just looking for thinking from you more experienced traders.

Adribaasmet

Member Since Aug 27, 2017  842 posts Adribaasmet Jul 24 2019 at 15:38
Jumo posted:
Trade currency pairs not at the time of their trading sessions.
See the calendar in advance and set yourself reminders.

Before opening my trading chart I always check out the economic calendar! It’s my habit!

Jumo

Member Since Jul 24, 2019  23 posts Andy Peters (Jumo) Jul 26 2019 at 11:42
Adribaasmet posted:
Jumo posted:
Trade currency pairs not at the time of their trading sessions.
See the calendar in advance and set yourself reminders.

Before opening my trading chart I always check out the economic calendar! It’s my habit!

So, that is great habit. If you have a good analytical abilities, you will get some important information from the main news to trade correctly.

jtcnote

Member Since Jan 18, 2015  1 posts jtcnote Jul 26 2019 at 14:56
“ I always laugh at people who say “I’ve never met a rich technician” I love that! Its such an arrogant, nonsensical response.
I used fundamentals for 9 years and got rich as a technician.

AniLorak

Member Since Apr 18, 2017  864 posts AniLorak Jul 28 2019 at 09:37
jtcnote posted:
“ I always laugh at people who say “I’ve never met a rich technician” I love that! Its such an arrogant, nonsensical response.
I used fundamentals for 9 years and got rich as a technician.


I know many successful traders who are doing their live trading only based on the technical I mean chart analysis!

Adolis

Member Since Feb 12, 2019  22 posts Adolis Feb 04 at 19:14
Why do you need to avoid it? I simply can't understand all of this - we reallly need them, problem is that we should get them from some level anyway. I clearly don't get what is going on. Let's move on with something else further.....

Imran45dtr754

Member Since Feb 07, 2020  3 posts Imran45dtr754 Feb 07 at 12:02
It is necessary to limit viewing news from obscure resources. I try to use my proven sources of information and with their help my forecasts often bring me profit.

burstfiltering

Member Since Sep 12, 2019  9 posts burstfiltering Feb 07 at 12:20
Forexlive and Forexfactory are all anyone needs for news. reliable and accurate. I just look at high impact news and ignore the rest

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