Hi everyone,
As we all know already, it's better to be flat before important news, and sometime based on your trading style, it's even better to not trade during days that will have important news release.
I'm trading mainly USD pairs, so I look at the economic calendar for everything marked as high and i make sure that i m flat before the impact.
The problem with that is that we have a lot of days like this and I sometime (often) stopped trading for nothing because the news release didn't trigger any significant move.
My question is: concerning USD, which news tend to shake volatility the most? Any article on internet or something that cover all stuff related to news?
As we all know already, it's better to be flat before important news, and sometime based on your trading style, it's even better to not trade during days that will have important news release.
I'm trading mainly USD pairs, so I look at the economic calendar for everything marked as high and i make sure that i m flat before the impact.
The problem with that is that we have a lot of days like this and I sometime (often) stopped trading for nothing because the news release didn't trigger any significant move.
My question is: concerning USD, which news tend to shake volatility the most? Any article on internet or something that cover all stuff related to news?
buy low sell high
desidreamer
Medlem sedan Dec 14, 2012
20 inlägg
Nov 09 2015 at 07:08
NFP., interest rate decision, CPI.
Ari Goldman
(arigoldman)
Medlem sedan Oct 02, 2014
909 inlägg
Nov 12 2015 at 13:10
desidreamer posted:yep
NFP., interest rate decision, CPI.
Positivity
thanks guys
buy low sell high
News really play a great role in deciding the outcome of your trades, this is why you can never forsake your fundamental analysis. I remember when I started trading and was using a simple moving average to watch out for trend reversals to mark my entry and exit points as well as locating my support and resistance levels in a GBPUSD H1 chart and a major news like the non farm payroll comes up and if for example of the trend has been a downtrend before the news and as the news hit the market, the moving average moves up, I will mistaken to think that this is the beginning of a new trend and I rush to open a position and sadly it turns out to be a false signal as it was just because of the news and the downtrend continues. But I learnt an improved version of this strategy at https://www.profiforex.com/education/professional/ ,and since then I have making less mistakes and making more profits.
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