Imran45dtr754 posted:
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.
That's right. Using reliable sources is a must.
Feb 10 2020 at 13:01
DAily Forex, MyFXbook, Forex live, Forex factory that is all you need
accelerator1 posted:
DAily Forex, MyFXbook, Forex live, Forex factory that is all you need
These are good sources. I mostly rely on forexfactory and myfxbook.
Aug 14 2020 at 16:43
Some news events are more volatile and cause more price volatility than others. By monitoring certain website such as daily forex, myfxbook, forex live, forex factory you can easily avoid price volatility which caused by the news event.
I think, news is important to know the market situation. But some news are very lame. We should ignore those news
Shelby10 posted:
I think, news is important to know the market situation. But some news are very lame. We should ignore those news
Right. Traders should not feel serious about all news material. Yes, news is important but focus should be on the ones relevant to our trades. That ways we'll be able to make better decisions.
If you are short term trader you should stay away from trading during key news events. You have to be mentally strong. Otherwise you will end up opening lot of unnecessary trades which will cause you a great loss.
Sep 15 2020 at 05:24
There are lot of site which provide economic calendar. From there trader can know financial events and important news release. So, monitoring economic calendar is the best way to avoid news volatility.
Don't watch market during big economic events like NFP, FOMC and Interest Rate. You have to be iron willed. If you can not control your mind you will not be able to make regular profit. You should have the ability to understand by watching charts when the market is settle after news.
Oct 06 2020 at 08:33
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 ?
Simply use economic calendar and do not trade at that time.
Oct 08 2020 at 10:35
You are absolutely right. One must always use reliable resources because it is about your hard-earned money.
Oct 14 2020 at 04:36
The best way to avoid unauthentic news is to look for reliable sources. Don’t trust anything you read, you can check its source first.
Oct 14 2020 at 11:10
Real news is important, so it all comes down to the sources you use.
Oct 27 2020 at 15:21
shaunmarsh posted:
The best way to avoid unauthentic news is to look for reliable sources. Don’t trust anything you read, you can check its source first.
That’s true. However, you also have to know which news will impact more and which one impact less.
Nov 19 2020 at 05:54
You must not waste your money on every trade that seems lucrative. Analyses every trade and make wise decisions.
Nov 19 2020 at 07:42
I agree with those who say there is no point in completely avoiding the news. While it's not recommended to rely on news only for making decisions, I think it is worth factoring in regardless.
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