Trading Using News Forex

Trading with news or trading news is one of the forex trading techniques that is done by comparing the difference in actual results on economic news with forecast values. In news trading, news is the only tool used to determine the direction of market movement. When using news trading, there are several strategies that are considered suitable for this technique, including setting traps on both sides of the market, long-term trading, and short-term trading.

News trading is a trading strategy that can be used in the forex, stock, or other financial instruments market based on trading opportunities that arise after the release of certain news.

Currency Pairs and Time Trading News

In news trading, not all currencies are the main focus. Generally, traders will choose the most liquid currency pairs, such as EUR/USD, USD/JPY, and other pairs that are major pairs.

Strategy When Trading

It is better for traders to be able to develop certain news trading strategies in a system to find out when to enter and exit.

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