Dealing with news trading

[FxTim]

News trading is also very good if you are good at Fundamental studies but then two things are the most difficult in News trading is that No.1 During the major news announcements its hard to get news DATA one time with reliable source and No.2 is during the news announcements Broker increases their spreads. that makes harder somethings even impossible to get the good entry.

 

[kalex76]

News trading are very much useful if we can know the real impact of such news because that can decide the trend of the market and like that we can make good pips profit here .

 

[m0mo~]

sometimes it is just a big trap for both buyer and seller.. it is better to be avoided

 

[kalex76]

News trading should be properly grabbed if we can understand the proper impact of that news on the trading market and for that traders have to implement the experience

 

[FxTim]

News trading is not good for anyone who is not very Quick in Executing trades during the news announcements and able to find good broker that doesn't freeze the trades or widens the spreads.

 

[azam575]

Not every broker allowed to trade news and some of them have rules to follow

 

[FxPro Trader]

Not every broker allowed to trade news and some of them have rules to follow

We need to do our trades with such a Forex broker that is well regulated and allows us to do ECN trades. In this way the trading we are doing will give us maximum amount of profits.

 

[FxPro Trader]

News trading is also very good if you are good at Fundamental studies but then two things are the most difficult in News trading is that No.1 During the major news announcements its hard to get news DATA one time with reliable source and No.2 is during the news announcements Broker increases their spreads. that makes harder somethings even impossible to get the good entry.

There are many traders who are trading with the news. When we are trading in such trading conditions then our income will also depend on the trading system we are using and how much profits we are able to get as a results of such a system.

 

[azam575]

We need to do our trades with such a Forex broker that is well regulated and allows us to do ECN trades. In this way the trading we are doing will give us maximum amount of profits.

as long the broker pay when we profit, it is ok

 

[forexfactory]

If the high impact news is not in your favor, the only option is to close the deal immediately. There is no question of leaving it, because high impact news moves swiftly and can make you lose more than a 100 pips in an instant. Close and re-strategize. You will lose some money, but it will be best to close it.