What is the role News in Forex?
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Thread: What is the role News in Forex?

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    What is the role News in Forex?

    What is the role of news in Forex?
    I tell myself that the news was developed to break subsidies and resistors
    And that was something else in your comments kindly Varjua

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    Quote Originally Posted by aliforex View Post
    What is the role of news in Forex?
    I tell myself that the news was developed to break subsidies and resistors
    And that was something else in your comments kindly Varjua
    to get a trade with the news I think the most important is to understand how the economic condition of the country you are trading currencies and you can not trade with the news just to see what has happened with a number of news coming out just because of the numbers that come out sometimes no news the response rate according to a news release

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    The role of news in Forex is very important. Because after releasing news market movement increase. Most trader do their trade depend on news. Many trader open their trade or give buy or sell by following news. But it should keep in mind that after releasing news trader should wait some time to see market trend.

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    It is the news that drives the market and traders or smart money built their positions but it would already been seen on chart with demand coming in specially if it going with trend to build good swing trading positions and we should consider news as important weapon and not go with news but from technical point of view to set the stops and profit targets

    regards

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    news reflect the conditions of the economy of the countries and so when these news are good this meas that the economy of these countries are good and when the news are bad this means that the economy is not good,it is better for trader to avoid trading news especially highly impacted news because its effect is not expected on the market in most cases

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    Forex is working on the news and infect if you can understand to news effects then you can earn more and more and then you can get success in this business. because news traders can earn on low risk and they can not fall down into market so therefore news is very important..

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    the major thing that move the market is the news and the kinda understanding we have base on fundamental and technical analysis will help us trade the news profitable,trading the news might not be a good thing for newbies and the market situation them is kinda hard to determine but with proper knowledge and understanding about how to implement both,one will surely trade the news successfully,i personally trade news on short term

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    News in Forex trading business has a great role to play because news are the real market movers in the Forex trading business and it has got the capability of changing the direction of market means reversing the trend, but there are some fake news also in the market which causes sudden changes so as a new trader we should avoid news trading and only trade after 10 mins of news release.

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    News in Forex trading business has a great role to play because news are the real market movers in the forex trading business and it has got the capability of changing the direction of market.News provides various information so that we can take better decisions to earn lots of profits.

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    Forex trading depends upon the technical level . and the demand of Traders. but trader demands only after getting some good or bad economy or political news from various source.
    Suppose Economy of a country is going to develop means the currency value will decrease and trader start short selling that on the basis of news they hear.
    But news impact is for short term and some time market get high volatile because of the news expectation or after publishing the news.

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