Forex news
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Thread: Forex news

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    Forex news

    there are some news terms using in forex factory like actual ,previous ,forecast.how one can trade during news?I mean what woul be the effect for that currency?

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    In the forex calendar you'll see previous which is the news for the previous data and forecast which is what analyst have forecasted for the upcoming data,and finally actual which is the data for the currently realised economical data.As regards the area for trading on news theres no particular strategy its just speculation.

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    Quote Originally Posted by zak6163 View Post
    there are some news terms using in forex factory like actual ,previous ,forecast.how one can trade during news?I mean what woul be the effect for that currency?
    I will first of all tell you that it is not that simple to trade the news, you need serious determination and better facilities to trade the news. In the case of the news on unemployment for example, if the actual is lesser than the previous/ forecasts, then it is better for the currencies of the country that spends the money the news came for.

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    if you want to trade with news then you need to put bending orders before news release about 2-5 minutes in both direction up or down(buy stop and sell stop)and put take profits and stop loss for each order,so when news release it will move in certain direction and so one of these orders will be activated and so you will make some profits form news release

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    Every business have some rules and regulation and the same way the forex trading business have their own rules and regulation and its not constant for ever,its changes time on time and this is called forex news. means change in the market ar happening some thing in the market or new rules adopted are the part of forex trading business, and we follow it

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    If you will doing trade by news effects then you will always earn money and then you will become a expert in this business. because forex is simple business and forex market running on forex news.. therefore news is very important for traders.. all news traders are successful traders..

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    If you want to trade with news then you need to pause your orders before news were release about 5-10 minutes in both direction up or down(buy stop and sell stop)and put take profits and always make stop loss for each order so that minimum losses is occur...so when news release it will move in certain direction...and really Forex news helps to earn lots of money..

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    There are many forex news but high impact news are good for trading because these high impact news are moving very fast and if we do good trade in a trend, then we will be able to earn much money from these news so these news plays important role in forex market.

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    Forex news play a great role in Forex trading business and these are the real market movers, market finds a trend because of news only so we must prepare ourselves to get benefited by these moves in news section previous means the data released in last news session forecast means assumption from out sources and actual means real official data.

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    Forex news are very important part of Forex trading.And Forex news is not simple to trade,it requires proper determination and better facilities to trade in the news.You should must prepare yourself to get the benefits from the moves of news as it is not constant and dynamic in nature, it change time to time.

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