About news trading
Membre depuis Feb 05, 2016
posts 31
Jun 22, 2021 at 06:12
You open two accounts. Set pending orders on each of them. You wait for the news to come in. On one account a loss, on another profit. The main thing is to correctly calculate the lot size. The lot size should be such that the account would be closed for a margin call in about 15 points.
Membre depuis May 31, 2021
posts 13
Jun 22, 2021 at 10:25
zvr564 posted:Agreed. I would suggest to use fundamental and technical analysis to pick on the trading strategy
Trading on the basis of any news announcement is generally not a good idea. Spreads go crazy, jumping up to as much as 20 pips. Just be aware of what is happening but instead of refreshing your newsfeed all day, look for patterns and real strategies.
Membre depuis Jun 08, 2021
posts 9
Jun 22, 2021 at 10:53
fundamental for long term trend and technical for entry point
Membre depuis May 19, 2020
posts 438
Jun 22, 2021 at 11:43
Fundamental trading is not just trading during the news.
This is a thorough analysis of political and economic factors and assessment of their dynamics to predict the possible impact on prices. Trading during the news is news trading and is often hard to predict.
This is a thorough analysis of political and economic factors and assessment of their dynamics to predict the possible impact on prices. Trading during the news is news trading and is often hard to predict.
@Marcellus8610
Membre depuis May 19, 2020
posts 438
Jun 29, 2021 at 12:41
taskfries posted:This is the complete truth that every 'News Trader' and every other style trader should understand. News is just one of the factors while, I repeat, it is difficult to predict.
Refreshing up with everyday news is cool but while making trading decisions it’s important to consider all aspects and not just news. Everyone knows, forex trading is affected by more than just news.
@Marcellus8610
Jun 30, 2021 at 00:00
Yes indeed not easy to predict News effect, sometimes forecast and actual data should make the currency being stronger, but what happens is opposite, because this reason not all news giving exact impact into currency but reading the news is important because the trader can make preparation trading, like as technical trader usually stay away from the market if there are news high impact like as NFP
Jul 05, 2021 at 23:02
UweMoench posted:Yes like as NFP news on the last Friday of this month, effect the news giving high impact to the market, where suddenly some pairs move rapidly, like as EURUSD move up only a few minutes then bounce back and then up again, it can make confused to handle position, because this reason some technical trader prefer no trade.
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.
Membre depuis Jun 17, 2021
posts 15
Jul 08, 2021 at 06:00
An important factor in making investment decisions. However, it is not the only deciding factor. Keep an update on the news about trading to get an idea about the trends but do your own research.
Membre depuis Jun 08, 2021
posts 10
Jul 23, 2021 at 04:42
@ MarcellusLux I absolutely agree with you. Always going with the news would not prove to be a good idea. It is of course very essential for all other aspects while trading forex.
Membre depuis Mar 17, 2021
posts 536
Jul 23, 2021 at 12:32
UweMoench posted:I agree with you.
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.
Membre depuis May 19, 2020
posts 438
Jul 23, 2021 at 12:48
karlaelliott posted:Those traders who are keen to trade only the news races are just looking for ways to make money fast in Forex, but forget that this is day-to-day hard work.
@ MarcellusLux I absolutely agree with you. Always going with the news would not prove to be a good idea. It is of course very essential for all other aspects while trading forex.
Analyzing news, possible risks, risk plan and money management, calculating entry points, analyzing related markets and political events, looking for possible options for exiting the market and making the most profitable decision, these are, in general terms, what is important.
@Marcellus8610
Jul 29, 2021 at 16:29
SteveHanks posted:you can use EA like me to open trades automaticlyUweMoench posted:I agree with you.
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.
Jul 29, 2021 at 16:31
SteveHanks posted:UweMoench posted:I agree with you.
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.
too hard written
spent about 4 month and now the stats looks quite well, about 70% of winning (i have 4 account in different brokers for news trading and EA to open trades )
Membre depuis May 19, 2020
posts 438
Jul 29, 2021 at 18:39
UweMoench posted:I would not recommend trading during the release if you do not have a clear trading plan, risk plan and analytics of those factors that can affect the release result. It is not easy, but everything that is done professionally is not easy.
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.
@Marcellus8610
Jul 31, 2021 at 10:09
@MarcellusLux Yes you are right. News trading is not someting that can be recommended. It requires good understanding of the fundamental of both the both currency in a pair.
Membre depuis May 19, 2020
posts 438
Aug 02, 2021 at 11:07
UweMoench posted:Thanks
@MarcellusLux Yes you are right. News trading is not someting that can be recommended. It requires good understanding of the fundamental of both the both currency in a pair.
Understanding of fundamental trading and understanding of the events that will and do occur, their impact on traders and their psychology. The risk strategy is also very important, which will protect against losses during the release.
@Marcellus8610
