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Best way to avoid the news.
Mitglied seit Jul 23, 2020
816 Posts
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.
Aug 27, 2020 at 06:23
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.
Mitglied seit Jul 23, 2020
696 Posts
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.
Sep 15, 2020 at 05:51
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.
Mitglied seit Jan 11, 2019
140 Posts
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.
forex_trader_1955784
Mitglied seit Sep 30, 2020
12 Posts
Oct 08, 2020 at 10:35
You are absolutely right. One must always use reliable resources because it is about your hard-earned money.
Mitglied seit Oct 05, 2020
18 Posts
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.
Mitglied seit Jun 16, 2020
27 Posts
Oct 14, 2020 at 11:10
Real news is important, so it all comes down to the sources you use.
Mitglied seit Aug 17, 2020
121 Posts
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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