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  • Reply to thread
    Page 2 of 9 1 2 3 4 7 ...
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    Thread: 3 Ways to Trade using Forex News

    1. #11
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      personally i have used news to trade severally but irealised that it is a waste of time to use the news because it takes people with heart to trade the news i cannot do that anymore


    2. #12
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      i am interesting about your barrier strategy sir. can you explain it more? i have read somewhere that we can use double barrier strategy , but i think it will cost more margin and only suitable for people with larger amount of funds.


    3. #13
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      the news is the best thing you can win from it if you can to see the market move from the news ... i really i like to trade after the news get effect at the market and after that i can to trade and see the market move with the trend


    4. #14
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      very like in the discussion , trade in forex news , i always trade during NFP ,but you need to have good emotion skill. i am newbies will like to hear more in discussion on this.


    5. #15
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      I think we should use stop losses no matter what we do
      while trading forex, especially when you trying to get profit
      on high impact news, you should use tight stop losses
      BTW I dont think this strategy will work as planned is there is
      no channel formed before news event annoucement


    6. #16
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      The approache to take a position prior to release of news is not quite ideal for newbies become the market these days can be very erratic and just before news is released and that is notorious for triggering SL. Better to wait and place trade inline with the news report .


    7. #17
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      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.
      Besides that some traders do not trade on the news.
      I have experience with this strategy, they just cancel your order on hold because of the "gap" at the new release, and some do not allow you to open 5 prior to the release of new .


    8. #18
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      I generally concentrate on the USD/JPY pair when this announcement is due since the reaction can be quite dramatic. It is possible to trade other currencies that are trade dependent for economic health, but I prefer the USD/JPY because of its liquidity.


    9. #19
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      I think no matter what method we use to trade foreign exchange using the news and that it must bear in mind that the news is very important in trading and should be followed up


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      Actually USD/EUR currency value up/down depends price crude oil.


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