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Best way to avoid the news.
Uczestnik z Jul 23, 2020
816 postów
Aug 14, 2020 at 16:43
Uczestnik z Jul 23, 2020
816 postów
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
Uczestnik z Jul 04, 2020
22 postów
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.
Uczestnik z Jul 19, 2020
749 postów
Aug 29, 2020 at 08:05
Uczestnik z Jul 19, 2020
749 postów
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.
Uczestnik z Jul 23, 2020
696 postów
Sep 15, 2020 at 05:24
Uczestnik z Jul 23, 2020
696 postów
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.
Uczestnik z Jul 19, 2020
310 postów
Sep 15, 2020 at 05:51
Uczestnik z Jul 19, 2020
310 postów
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.
Uczestnik z Jan 11, 2019
140 postów
Oct 06, 2020 at 08:33
Uczestnik z Jan 11, 2019
140 postów
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.
Uczestnik z Oct 05, 2020
18 postów
Uczestnik z Jun 16, 2020
27 postów
Uczestnik z Aug 17, 2020
121 postów
Nov 19, 2020 at 07:42
Uczestnik z Aug 17, 2020
121 postów
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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