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About news trading
Jan 27, 2021 at 12:27
Mitglied seit Jul 19, 2020
298 Posts
I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.
Mitglied seit Jul 23, 2020
759 Posts
Mitglied seit Jul 23, 2020
869 Posts
Feb 24, 2021 at 15:50
Mitglied seit Feb 07, 2015
25 Posts
Michihito posted:Using an economic calendar before starting your trading day is essential imo.
I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.
Sam.peters@
Feb 25, 2021 at 07:21
Mitglied seit Dec 11, 2020
110 Posts
Rasperr posted:Yes, this is very useful tip.Michihito posted:Using an economic calendar before starting your trading day is essential imo.
I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.
Mitglied seit May 26, 2021
2 Posts
Mitglied seit Mar 16, 2021
477 Posts
Mitglied seit Mar 16, 2021
477 Posts
Jun 18, 2021 at 10:40
Mitglied seit Jun 15, 2021
15 Posts
I agree that news plays important part in forex trading but completely trade on sentiments of the news is not good I think. As a trader you should know that when to trade and when to not by carefully looking for buy and sell points on charts.
Jun 19, 2021 at 08:00
Mitglied seit Jun 15, 2021
20 Posts
Trading on the basis of any news announcement is generally not a good idea. Spreads go crazy, jumping up to as much as 20 pips. Just be aware of what is happening but instead of refreshing your newsfeed all day, look for patterns and real strategies.
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