Forex Market - News Trading, Part One

The methodology for forecasting and trading of these trends is simple and straightforward: to monitor economic calendars and trade news.

Complicated formulas and technical indicators Forex Trading

Forex Trading Pip

Tired of complicated formulas proprietary Forex trading and the endless stream of technical indicators, no one seems to understand? Certainly they are not alone. The foreign exchange market, in its simplest form, is actually quite simple. It is not magic wands, potions existor a secret handshake. You do not need an economist, political scientist or a mathematician to understand. There is no Holy Grail of Forex trading. However, there is a better way. Fortunately, there is also the basic elementary form of trading on the Foreign Exchange. If the economy of a country is in a growth trend, the obvious conclusion that their money grow in strength compared to a country whose economy remains constant or declining. The methodology for forecasting and trading in theseTrends is simple and straightforward: to monitor economic calendars and trade news.

The trade is risky business news?

While some of this is too risky, the facts simply do not support their fears. Press releases consistently produce some 30-50 pip moves in a direction expected. Know and follow a good strategy is essential for success in trading on Forex News.

Press releases constantly move the market after their release.

We speakpress releases, which is devoted directly from other government agencies and research departments devoted to the study and monitoring of economic development. It 'important to know and how many press releases usually move the market. Not all versions are equal. Some are very consistent and predictable. These A-list press releases offer rewarding opportunities for trade, provided

Before You know the expected number;

According know how much deviation is necessary to move the marketenough to make a profit;

Third You know how the market will react when a number comes out higher or lower than expected.

Easy as one, two, three ... It may not be aware of these three factors is as difficult or mysterious as it may seem. Number one is in the care of their press releases. The number two can be determined by trial and error to learn from a personal or market Verified connoisseurs like Dustin Pass, whose extensive research and has spent time working in the business newsis a recognized authority. The number three is much less difficult an obstacle, as it seems. If the numbers do not meet expectations when they are higher or lower, they will influence each release so special. In the second part we will construct the A-List and B-list press releases, talk about their change requests, and explain how deviations affect the numbers in each.

Forex Market - News Trading, Part One

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