forex news trading

Forex News Trading will provide you with the information you need to give you a true insider’s understanding of the Forex market. You will feel confident in your trading, and never doubt your trades again.

When news comes out, especially important news that everyone is watching, you can expect to see some major movement. Your goal as a trader is to get on the right side of the move, but the fact that you know the share tips market will indeed move somewhere makes it an opportunity definitely worth looking at.

News trading is harder than it may sound. Not only is the reported consensus figure important, but so are the whisper number and the revisions. Also, some releases are more important than others; this can be measured in terms of both the significance of the country releasing the data and the importance of the release in relation to the other pieces of data being released at the same time.

There are several important factors that news traders look for in Broker services:

• fast trading platform, fast feeds and chart updates
• fast order execution, minimum re-quotes
• instant guaranteed execution of pending orders
• instant guaranteed execution of stops
• reasonably low spreads
• no significant spreads widening during news spikes
• one-click-trading as an additional bonus.

Remember that we are trading the news because of its ability to increase volatility in the short term, so naturally we would like to only trade news that has the best market moving potential.

Traders on the Foreign Exchange market, Forex market for short, can potentially make thousands of dollars based on the volatility and fluctuations of a country’s currency. To better themselves and have a leading advantage over other traders, some Forex traders and investors participate in a practice known as news trading. The risks are very high, but the potential gains can be worth thousands of dollars and many traders and investors use this technique.