How to guide on trading forex news the correct way!!! Know the direction in advance!!
This Thread is dedicated to Trading the news. which comes with a lot of risk. i advise any new trader we come across to avoid trading around news events. Its just not worth the risk. BUT! if your going to ignore that sound advice and still trade it. THEN DO IT RIGHT! THE FOREX MARKET IS RIGGED!
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This Thread is dedicated to Trading the news. which comes with a lot of risk. i advise any new trader we come across to avoid trading around news events. Its just not worth the risk. BUT! if your going to ignore that sound advice and still trade it. THEN DO IT RIGHT! THE FOREX MARKET IS RIGGED!
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BUT! if you know what your looking for you can follow the institutional traders. and figure out which way they are going to attempt to swing the markets. below is the latest news trade we placed using Octave last Friday. Octave does not lag or suffer from divergence issues like a majority other indicators do. but take a look at the study guide we have more videos of news trading examples on our you-tube channel. we will post more news trading videos. we felt it would be a good idea to start a topic on trading it correctly because we see a lot of people getting margin called and blowing there accounts trying to trade the news. because of flawed logic and trading rules.
http://www.youtube.com/watch?v=gmDhG3m3jRI&list=UUHF7gNFKQQMRTT-wZ31kf7Q
We document as much as possible so community members can put it under the microscope for close inspection in case you think you might want to update your trading skills with a new style to give you a fresh edge in the markets. The key is being diverse in how you trade the markets...
Again i do not advise any trader to attempt to trade the news.....this is for informational learning only
So we hope this can shed some light that its possible to trade the news without taking crazy risk. TAKE A LOOK AT THIS NEWS TRADING VIDEO OF TRADES MADE LAST FRIDAY ON THE NEWS. THIS WILL HELP YOU SEE WHATS POSSIBLE.
http://www.youtube.com/watch?v=gmDhG3m3jRI&list=UUHF7gNFKQQMRTT-wZ31kf7Q
We document as much as possible so community members can put it under the microscope for close inspection in case you think you might want to update your trading skills with a new style to give you a fresh edge in the markets. The key is being diverse in how you trade the markets...
Again i do not advise any trader to attempt to trade the news.....this is for informational learning only