Best way to avoid the news.

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.

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.

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.

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.

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.

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.

You are absolutely right. One must always use reliable resources because it is about your hard-earned money.

The best way to avoid unauthentic news is to look for reliable sources. Don’t trust anything you read, you can check its source first.

Real news is important, so it all comes down to the sources you use.