Best way to avoid the news.

Apr 17, 2019 at 10:48
1,581 Visa
29 Replies
Medlem sedan Dec 30, 2018   1 inlägg
Apr 17, 2019 at 10:48
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 ?
Trading is not about how much you make, but how much you didn't lose. / Push yourself because, no one else is going to do it for you.
Medlem sedan Apr 18, 2017   718 inlägg
Apr 26, 2019 at 11:56
Close your chart; but make sure your all trades are close now! That’s all.
Medlem sedan Aug 27, 2017   994 inlägg
Jun 29, 2019 at 05:51
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 ?

It depends on the news type! At least you have to know the news sessions time table! So, use economic calendar!
Medlem sedan May 10, 2019   27 inlägg
Jul 21, 2019 at 19:57
Best way to avoid the news is simply stop watching them completely all together anyway. Only select such ones which will be needed for your current today market trades and that's really it, so no more other news at all completely and totally. How do you see it ?
Medlem sedan Jul 10, 2019   11 inlägg
Jul 22, 2019 at 13:00
Don't bother avoiding it. There are so many news events all the time every day. If you start avoiding some where does it end. Some enough you will find yourself not trading at all
Medlem sedan Apr 30, 2018   2 inlägg
Jul 22, 2019 at 14:05 (redigerad Jul 22, 2019 at 14:07)
What's the 'conventional wisdom' on how long you should 'shut an EA' ahead and after high impact news. Currently set at 4hrs before and after. (News Filter)


Medlem sedan Aug 27, 2017   994 inlägg
Jul 22, 2019 at 14:39
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 ?

Use the economic calendar to know the sessions of financial events and then close the chart! It’s simple!
Medlem sedan Jul 09, 2019   38 inlägg
Jul 23, 2019 at 08:59
I do agree with this. Watching too much news and going behind economic calendars all the time, destructs your trading routine. Going too high on news takes away your objectivity and logic. You are just keen to mould your trading plans according to the news then, not taking any practical decisions based on your own trading knowledge, which can really prove dangerous as far as your trading returns are concerned.
Medlem sedan Jul 23, 2019   11 inlägg
Jul 23, 2019 at 09:04
I like to get heavily involved with the news. I follow every announcement and try to get a fundamental view of FX pairs and use that for my trading. It can be confusing at times when there is positive and negative news but that is what everyone else is seeing so it is a story in itself. No point ignoring news. Information is power and the more information the better
Medlem sedan Apr 18, 2017   920 inlägg
Jul 23, 2019 at 15:24
Aqissiaq posted:
I like to get heavily involved with the news. I follow every announcement and try to get a fundamental view of FX pairs and use that for my trading. It can be confusing at times when there is positive and negative news but that is what everyone else is seeing so it is a story in itself. No point ignoring news. Information is power and the more information the better

Nice to see your interest on news trading! By the way, which one is your favorite news trading event?
Medlem sedan Jul 24, 2019   23 inlägg
Jul 24, 2019 at 10:55
Trade currency pairs not at the time of their trading sessions.
See the calendar in advance and set yourself reminders.
Medlem sedan Apr 30, 2018   2 inlägg
Jul 24, 2019 at 13:20
Lots of good opinions on trading the news or not trading the news. Still looking for opinions or guidance, or 'conventional wisdom' on the length of time to shut down before and after scheduled 'High' impact news. i.e. 1 hour before and after, 2hrs before and after, etc. etc. I'm passively trading on an EA that has a 'News Filter' with time settings for before news and after news; as well as OFF. Just looking for thinking from you more experienced traders.
Medlem sedan Aug 27, 2017   994 inlägg
Jul 24, 2019 at 15:38
Jumo posted:
Trade currency pairs not at the time of their trading sessions.
See the calendar in advance and set yourself reminders.
Before opening my trading chart I always check out the economic calendar! It’s my habit!
Medlem sedan Jul 24, 2019   23 inlägg
Jul 26, 2019 at 11:42
Adribaasmet posted:
Jumo posted:
Trade currency pairs not at the time of their trading sessions.
See the calendar in advance and set yourself reminders.
Before opening my trading chart I always check out the economic calendar! It’s my habit!
So, that is great habit. If you have a good analytical abilities, you will get some important information from the main news to trade correctly.
Medlem sedan Jan 18, 2015   1 inlägg
Jul 26, 2019 at 14:56
“ I always laugh at people who say “I’ve never met a rich technician” I love that! Its such an arrogant, nonsensical response.
I used fundamentals for 9 years and got rich as a technician.
Medlem sedan Apr 18, 2017   920 inlägg
Jul 28, 2019 at 09:37
jtcnote posted:
“ I always laugh at people who say “I’ve never met a rich technician” I love that! Its such an arrogant, nonsensical response.
I used fundamentals for 9 years and got rich as a technician.

I know many successful traders who are doing their live trading only based on the technical I mean chart analysis!
Medlem sedan Feb 07, 2020   5 inlägg
Feb 07, 2020 at 12:02
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.
Medlem sedan Sep 12, 2019   9 inlägg
Feb 07, 2020 at 12:20
Forexlive and Forexfactory are all anyone needs for news. reliable and accurate. I just look at high impact news and ignore the rest
Medlem sedan Oct 08, 2019   25 inlägg
Feb 10, 2020 at 06:34
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.
Medlem sedan Feb 10, 2020   11 inlägg
Feb 10, 2020 at 13:01
DAily Forex, MyFXbook, Forex live, Forex factory that is all you need
Logga in / Registrera dig to comment
You must be connected to Myfxbook in order to leave a comment
*Kommersiell användning och skräppost tolereras inte och kan leda till att kontot avslutas.
Tips: Om du lägger upp en bild/youtube-adress bäddas den automatiskt in i ditt inlägg!
Tips: Skriv @-tecknet för att automatiskt komplettera ett användarnamn som deltar i den här diskussionen.