Forex Fundamental News - Page 123
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Thread: Forex Fundamental News

  1. #1221
    I quite agree that you cannot ignore high impact news no matter the type of traders you are . My position in this matter is that a forex trader needs to have the knowledge of both the fundamental and technical analysis as they do play a complementary role in trading .If you trade technical analysis only in forex , you still need to get yourself updated on the times high impact news will take place so that you stay away from taking position during the time

  2. #1222
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    Quote Originally Posted by layigold View Post
    I quite agree that you cannot ignore high impact news no matter the type of traders you are .
    actually with this we can ignore news as well, because when we ignore news we can really place a right order, people can not earn good profit here if they do not give importance to news, make sure you people uses some proper analysis and management, news is one important we can use it in trading or can ignore as well, in both ways we can save self if we ignore news we can ruin self and can lose big

  3. #1223
    Quote Originally Posted by naeem555 View Post
    actually with this we can ignore news as well, because when we ignore news we can really place a right order, people can not earn good profit here if they do not give importance to news, make sure you people uses some proper analysis and management, news is one important we can use it in trading or can ignore as well, in both ways we can save self if we ignore news we can ruin self and can lose big
    Why can't we ignore the news? We can ignore the news for the sake of our account safety. For the past 1 year, i have being ignoring the news and nothing negative has been done to me. What i do is to just forget the news and focus on the analysis on the chart. I am likewise the kind of trader that is trading with the tight stop loss, that makes me not to fear the news. The worst is for it to close my trade, and that will be in little loss.

  4. #1224
    Forex trading will always got heavy relation with fundamental trading. A trader that is unable to do fundamental analysis are doomed to know less knowledge about the market and they will not understand the movement in the market as well. Such kind of thing will actually become a big problem since we need to be detailed if possible regarding the news.

  5. #1225
    Even if you are not a fundamental analysis trader, it is still important to get familiar with schedule of economic news( most importantly high impact news ) that are slated to take place within the week . This would help you take decision whether to close all your tuning trades few minutes to the news and stay off completely because a release of the news is capable of making things go bad in the market fir technical analysis trader

  6. #1226
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    Quote Originally Posted by layigold View Post
    Even if you are not a fundamental analysis trader, it is still important to get familiar with schedule of economic news( most importantly high impact news ) that are slated to take place within the week . This would help you take decision whether to close all your tuning trades few minutes to the news and stay off completely because a release of the news is capable of making things go bad in the market fir technical analysis trader
    don't know about other traders who don't trade with news, i think it's not really necessary for them to learn this whatsoever because it's against their mindset and could blow their main concentration too. fortunately, i got no problem with news because i always trading with it and find it more dependable than waiting for market to show me some patterns and follow them.

  7. #1227
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    Quote Originally Posted by Sascha View Post
    don't know about other traders who don't trade with news, i think it's not really necessary for them to learn this whatsoever because it's against their mindset and could blow their main concentration too. fortunately, i got no problem with news because i always trading with it and find it more dependable than waiting for market to show me some patterns and follow them.
    some time news work very well you have not got issue with news because i am sure you must user of some good management otherwise in news trading if we do not use proper sl and tp we can lose big, with high impact news market can move 200 pips in some hours also so if we have good sl we cans save self and can close order in some loss which can recover but without it we can lose very big

  8. #1228
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    Quote Originally Posted by naeem555 View Post
    some time news work very well you have not got issue with news because i am sure you must user of some good management otherwise in news trading if we do not use proper sl and tp we can lose big, with high impact news market can move 200 pips in some hours also so if we have good sl we cans save self and can close order in some loss which can recover but without it we can lose very big
    for this big risk we should avoid news because when we take this type of big risk we can lose just here and i have faced this loss when i lost 500 dollar. so i think losing big is bad beside that we can use a simple way to earn some percentage on monthly basis like i was doing it was perfectly working when i trade for more profit after achieving my target on that time i got loss. so make sure you avoid this mistake and move with some good targeted trade just

  9. #1229
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    Quote Originally Posted by touqir View Post
    for this big risk we should avoid news because when we take this type of big risk we can lose just here and i have faced this loss when i lost 500 dollar. so i think losing big is bad beside that we can use a simple way to earn some percentage on monthly basis like i was doing it was perfectly working when i trade for more profit after achieving my target on that time i got loss. so make sure you avoid this mistake and move with some good targeted trade just
    Perhaps you forgot to set a proper amount of risk with your previous stop loss that's why you lost that money from news. Remember that news isn't the reason why we lost, it's our analysis and understand that's not properly working to give us actual result of market next possibilities. I also trade sometimes with news and whenever I made mistakes with my analysis, I only lost couple dollars because there were stop loss to cover me and I didn't lose a lot.

  10. #1230
    Quote Originally Posted by naeem555 View Post
    some time news work very well you have not got issue with news because i am sure you must user of some good management otherwise in news trading if we do not use proper sl and tp we can lose big, with high impact news market can move 200 pips in some hours also so if we have good sl we cans save self and can close order in some loss which can recover but without it we can lose very big
    Forex news will work well at times, but at times too, it will not work well. Forex traders should know that what will make them trade correctly is to trade the technical chart pattern only, the forex news is too dangerous for correct trading. For the fact that the forex news makes us to gain big today does not mean that it will not make the trader to ruin their forex account tomorrow. I fear the news trading more than any other forex strategies.

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