Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to thread
    Page 1 of 9 1 2 3 6 ...
    Results 1 to 10 of 81

    Thread: 3 Ways to Trade using Forex News

    1. #1
      Will work for pips
      I am:
      ----
       
      amine is on a distinguished road amine's Avatar
      Posts
      55
      Accumulated bonus
      16 USD (What is this?)
      Thanks
      0
      Thanked 28 Times in 6 Posts

      Default 3 Ways to Trade using Forex News

      Unemployment report, which is released on the first Friday of each month

      * very quick moves following announcements
      * the largest moves are usually made when the numbers miss or beat expectations
      * placing trade before by anticipating the market’s movement
      * only trade the direction that the market has been trending on the daily charts previous to the announcement
      * only enter the order if just prior to the announcement the market has been in a fairly tight range – too risky when seeing large moves the night or several hours before an announcement
      * upside potential based on the average movement I have seen on this pair during previous months
      * Entering the trade 30 minutes before the announcement gives me plenty of room before the pair breaks out of its range
      * pretty aggressive stop-loss-to-profit-target ratio e.g. 1:4


      International trade is another announcement released an hour before the equity markets open at 8:30 am eastern
      If the U.S. is doing the importing – stronger Japanese yen and a weaker U.S. dollar

      barrier option also known as a binary option

      * don’t have to use a stop loss
      * don’t have to worry about timing my exit
      * possible to straddle (or strangle) – anticipating big move in any direction
      * e.g. speculating on an ongoing bit of news – rising oil prices and its effects on Forex crosses involving oil-producing and oil-consuming countries, e.g. AUDJPY


    2. The Following User Says Thank You to amine For This Useful Post:

      forexlosser (05-28-2012)

    3. #2
      Will work for pips
      I am:
      ----
       
      firebold is an unknown quantity at this point firebold's Avatar
      Posts
      54
      Accumulated bonus
      11 USD (What is this?)
      Thanks
      0
      Thanked 1 Time in 1 Post

      Default

      A good strategy for forex market EUR/USD is to watch the price of crude oil.If crude oil grow up fast USD is becoming cheaper and the same thing-cheap petrol=>expensive USD.
      If the number of uneployers go down price of the petrol will go up


    4. The following 2 users say Thank You to firebold for this useful post.

      khanalam (07-06-2013), trendline (02-26-2011)

    5. #3
      Where am I?
      I am:
      ----
       
      chhanda537 is an unknown quantity at this point chhanda537's Avatar
      Posts
      15
      Accumulated bonus
      3 USD (What is this?)
      Thanks
      0
      Thanked 0 Times in 0 Posts

      Default

      Good idea. I shall check it and try to trade if found realistic. Logically its ok. Interesting......


    6. #4
      Where am I?
      I am:
      ----
       
      trendline is an unknown quantity at this point trendline's Avatar
      Posts
      2
      Accumulated bonus
      0 USD (What is this?)
      Thanks
      1
      Thanked 0 Times in 0 Posts

      Default

      Quote Originally Posted by firebold     
      A good strategy for forex market EUR/USD is to watch the price of crude oil.If crude oil grow up fast USD is becoming cheaper and the same thing-cheap petrol=>expensive USD.
      If the number of uneployers go down price of the petrol will go up
      I agree with that dependence but the high price of petrol this week is a result of the demonstrations in Libya and other Arabian countries


    7. #5
      Forum Guru
      I am:
      Inspired
       
      greenteafx has a spectacular aura about greenteafx has a spectacular aura about greenteafx has a spectacular aura about greenteafx's Avatar
      Posts
      8,893
      Accumulated bonus
      2089 USD (What is this?)
      Thanks
      33
      Thanked 263 Times in 190 Posts

      Default

      Can I use this strategy on ECN broker who use floating spread? The spread is killing me during news time.


    8. #6
      MT5 GURU
      Ex-Moderator
      I am:
      ----
       
      Stockwalker is just really nice Stockwalker is just really nice Stockwalker is just really nice Stockwalker is just really nice Stockwalker is just really nice Stockwalker's Avatar
      Posts
      7,655
      Accumulated bonus
      7409 USD (What is this?)
      Thanks
      61
      Thanked 462 Times in 300 Posts

      Default

      Quote Originally Posted by greenteafx     
      Can I use this strategy on ECN broker who use floating spread? The spread is killing me during news time.
      You can use an ECN broker, but usually ECN brokers haven't got fixed spreads which is a problem if you would like to trade with this newstrading system.
      You should go for a MM broker with fixed spreads so they won't be able to widen the spreads during highimpact news, which is really important if you deal with newstrading.
      MT5 Forum Daily Contest: Black Frame Talent - Win up to 5$ daily to your Real InstaForex account!

      MT5 Forum Weekly Contest: Guess Forex Trend - Win up to 25$ weekly to your Real InstaForex account!

      MT5 Forum Monthly Contest: Best Topic Starter Awards - Win up to 30$ monthly to your Real InstaForex account!


    9. #7
      Forum Guru
      I am:
      Inspired
       
      greenteafx has a spectacular aura about greenteafx has a spectacular aura about greenteafx has a spectacular aura about greenteafx's Avatar
      Posts
      8,893
      Accumulated bonus
      2089 USD (What is this?)
      Thanks
      33
      Thanked 263 Times in 190 Posts

      Default

      @Stockwalker
      Thanks again mate. Your answer is always useful for me.


    10. #8
      MT5 Addict
      I am:
      ----
       
      FxSrb is on a distinguished road FxSrb's Avatar
      Posts
      683
      Accumulated bonus
      381 USD (What is this?)
      Thanks
      8
      Thanked 39 Times in 26 Posts

      Default

      Quote Originally Posted by Stockwalker     
      You can use an ECN broker, but usually ECN brokers haven't got fixed spreads which is a problem if you would like to trade with this newstrading system.
      You should go for a MM broker with fixed spreads so they won't be able to widen the spreads during highimpact news, which is really important if you deal with newstrading.
      Beside that some traders don't allow to trade on news .
      I have experience with that strategy, they just cancel your pending order because of "gap" during release news, and some don't allow you to open position 5 minus before news release.


    11. #9
      Banned
      I am:
      Cheerful
       
      tboyfx123 is on a distinguished road tboyfx123's Avatar
      Posts
      2,686
      Accumulated bonus
      595 USD (What is this?)
      Thanks
      0
      Thanked 29 Times in 23 Posts

      Default

      the only time to enter the order if just prior to the announcement the market has been in a fairly tight range that will make it easy to manage incase there is any break out of range


    12. #10
      Banned
      I am:
      Cheerful
       
      tboyfx123 is on a distinguished road tboyfx123's Avatar
      Posts
      2,686
      Accumulated bonus
      595 USD (What is this?)
      Thanks
      0
      Thanked 29 Times in 23 Posts

      Default

      well trading with forex news is like playing with fire because you will surely get burnt.trading the news require a lot of strategy and a nose for the inside news so as to know the likely are the news will move the market


    Reply to thread
    Page 1 of 9 1 2 3 6 ...

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts