About news trading

I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.

If you are not a news trader, it is better to avoid trading during important news release.

Not necessary to check them out, but sometimes news can have a huge impact in trading which is one of the important to expect.

Market become extremely volatile during important news event which make the market riskier.

LyudmilLukanov posted:
Market become extremely volatile during important news event which make the market riskier.

And can also be predictable which can help turn the tide.

Michihito posted:
I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.

Using an economic calendar before starting your trading day is essential imo.

Rasperr posted:

Michihito posted:
I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.

Using an economic calendar before starting your trading day is essential imo.

Yes, this is very useful tip.

In order not to miss important points related to trading, I use the reviews of analysts, broker Amarkets, which provide always relevant and necessary information.

I don't trade the news, but always make profits huge few hours after the news.

Dont do it lol simple, unless you know what youre doing

News trading is nothing but gambling. Out of assumptions many traders specially new traders open trade during major major news event. Many people blow their account this time.

Trading news needs to be very attentive and watch everything that happens and react quickly.

posted:
I don't trade the news, but always make profits huge few hours after the news.

why not?
there are SO MANY news to trade! look at the NZDUSD today
so simple to earn!

Momentum would not have been good if the news had not had an impact on the Forex market. So news plays an important role in trading.

I think we should read and keep eye on every news which is coming and try to avoid trading during this period.

Newbies should not do news trading. It's very risky. Sometimes you may win 1/2 news trades. But other time you may get margin call. For news trading, one needs good fundamental analysis skills.

I never trade before the news is published. Because at this time the market is very volatile. So I like to trade with news effects.

Once thing is very important to consider while trading on news. its normal for spreads to widen during news releases. A trader should always be careful of spreads when news is released

I agree that news plays important part in forex trading but completely trade on sentiments of the news is not good I think. As a trader you should know that when to trade and when to not by carefully looking for buy and sell points on charts.