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  1. #1
    Senior Trader
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    News is important.

    I definitely believe, news is important and one way to trade with news successfully is to have a good knowledge about fundamental analysis. Because, it will help the trader to understand better how news can affect our trades. Most of the times, the market trend change direction by fundamental result. Interestingly, here you get enough instruments for learning news trading. So, if you are a new trader, really you can start your learning process from MyForexForums.

  2. #2
    Senior Trader
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    News trading is very important for traders, especially fir scalper and swing trader. It’s like a threat to the scalper if no signal from the news release, be it a small impact or impact beyond expectation. Personally, I like to trade in high voltage news time. It’s much interesting from others time period.

  3. #3
    Senior Trader
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    News is very important issue for us to read and understand the current state of the economy of a country. News also can be made the place as a source of current news and help us determine trade decisions we are making. In addition, traders need long time trading experience with huge knowledge for making money from news trading.

  4. #4
    Senior Trader
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    News is actually what drives the market. Technical analysis works only to the extent the prevailing market news allows them to. That is the reason barriers, ranges, support and resistant are only easily broker after the release of some important news. So, it’s the core of Foex market.

  5. #5
    Kevin Pietersen
    Guest
    News are what affects market mostly and we must strongly follow news releases in order to understand what is happening and when market will collapse, some rally start or selling pressure keeps going. Understanding that, we definitely avoid some traps or even make some profit from those traps as well.

  6. #6
    Golden Trader
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    Quote Originally Posted by Kevin Pietersen View Post
    News are what affects market mostly and we must strongly follow news releases in order to understand what is happening and when market will collapse, some rally start or selling pressure keeps going. Understanding that, we definitely avoid some traps or even make some profit from those traps as well.
    News based trades can also give us more profits.

  7. #7
    Senior Trader
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    This is a very risky kind of trading. I wouldn't do it. Also, keep in mind that not all brokers allow you to trade on the news. I trade with ForexChief, I know for a fact that this company allows trading on the news. But there are brokers who forbid news trading.

  8. #8
    Golden Trader
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    Quote Originally Posted by Foget View Post
    This is a very risky kind of trading. I wouldn't do it. Also, keep in mind that not all brokers allow you to trade on the news. I trade with ForexChief, I know for a fact that this company allows trading on the news. But there are brokers who forbid news trading.
    When we are trading with the help of the News the trading can also become better for us.

  9. #9
    Golden Trader
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    I am doing my Forex Trading with the ECN Forex Broker FXOpen Markets and they allow me to do News Trading and Scalping

  10. #10
    Golden Trader
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    I have been doing my Forex Trading from the last 10 Years with FXOpen Markets and they have very secure and fast Trading MT4 Terminal

  11. ARIONFORXtarder
 

 
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