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Big news and requotes
Jul 20, 2020からメンバー
286 投稿
Feb 15, 2021 at 11:03
Jul 27, 2020からメンバー
99 投稿
LeviSievwright5 posted:
I refrain from trading when there is high impact news. After the news is published, I work on the effect of that news.
Same here.
Sometimes when the high impact has a chance of positive reading, then I do trade to make profit, but for most of the time, it is unexpected.
Oct 07, 2020からメンバー
20 投稿
Nov 07, 2020からメンバー
12 投稿
Feb 16, 2021 at 12:59
Nov 07, 2020からメンバー
12 投稿
I am not sure requotes even occur anymore. Just avoid trading right before a big corporate announcement or news is expected and you won’t have to worry about much. Of course once a trader backs up trading with a whole lot of experience and knows how to make every volatile situation turn in his favour, then he can news trade for big profits. But for beginner or mid level traders I think it is better to refrain from engaging in news trading.
Nov 06, 2020からメンバー
15 投稿
Feb 17, 2021 at 05:13
Nov 19, 2020からメンバー
96 投稿
Harrylam887 posted:
Use ECN accounts. You won’t face any requotes problem. Market makers will mostly present such an issue because they make money out of their clients losses.
Agreed, one has to make the right broker choice for avoiding such issues.
Jul 23, 2020からメンバー
816 投稿
Feb 27, 2021 at 17:28
Jul 23, 2020からメンバー
816 投稿
forextrader777 posted:
We must think about these parameters while choosing our broker. If requotes are a regular issue with a broker, one must try switching to a better one.
Right. First try their services in demo account for safety. If it is good, you should invest money.
Mar 04, 2021 at 11:06
Jun 23, 2020からメンバー
32 投稿
I don’t think that the impact of news can be ignored completely. Whether you trade long-term or intraday, it’s true that your currency positions will be affected by the forex news. It’s important for every trader to monitor all the related news and make market decisions in accordance with that.
Oct 07, 2020からメンバー
20 投稿

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