Trading the News - page 3
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Last Friday I lost 20 pips. The market whipsawd for over 20 pips down which triggered my pending order and started to head up and taken my stop loss.
The worse news release last week.
The start of this week is kinda lame. News are not quite affecting the market.. Forecast today says another nonfarm although medium impact is expected, better watch out guys.
The calendar today is so acurate. I have gained 50+ pips from it as of now. Almost all of todays news have huge impacts on the market. Wow what a nice day to end the week.
Happy Trading everyone and have a happy weekend.
Is this method still in use or is now a thing of the past?
Well it's been like a year since anyone posted on this thread.
As you can observe from these lists, the currencies that we can effortlessly trade span the whole globe. This means that you can pick the currencies and financial release to which you pay particular concentration. It’s became a general regulation as U.S.D. Covers 90% of the Forex trading, the U.S. financial releases are likely to have the most obvious bang on the market