Do This Before Trading News❗❗

One source of information trusted by traders in developing trading strategies is the release of economic news. Especially in the current era of globalization, news can be accessed more easily and broadcast live. News related to the currency market itself does not only respond to economic dynamics in the United States, but also in other countries around the world. Its power to move the market then causes economic data to be one of the important things for a trader to pay attention to.

News trading is a trading strategy that can be used in the currency market (forex), stocks or other financial instruments based on the trading opportunities that arise after the release of news. Apart from being based on the trading time period and how to open a position, techniques for taking trading opportunities can also rely on the moment of forex news release. This way of trading is based on the belief that the release of fundamental data has an important impact on being able to move prices significantly, thus providing trading opportunities for traders who can take advantage of them. The first way when developing a news trading strategy is to determine which forex news traders will pay attention to and take advantage of. This can be related to the type of pair and the trader's ideal trading time, because forex news contains fundamental data for certain countries and is released according to market opening hours. The more liquid the pair that the trader uses in this forex strategy, the greater the chance for a trader's profit. That is the reason, major pairs are the main choice in news trading, such as EUR/USD, GBP/USD, USD/JPY, AUD/USD, etc. Important impact forex news and their release schedule can be found in the economic calendar.

Watch the full video below!


More info : 

Free material soft copy contact 081 258 066 174 wa/call 

Private info / paid premium class (guided forever until consistent profit and independent). 

Whatsapp/call 081 233 593 672 Or direct access to our web www.wijayatrading.com

Comments

Post a Comment

Popular posts from this blog

Tingkatan Seorang Trader

Image
Sebelum menjadi trader sukses, perlu dipahami bahwa ada berbagai macam tingkatan trader forex yang harus dilalui. Tingkatan-tingkatan tersebut biasanya dibedakan dari beberapa kriteria. Jika dilihat dari pengalaman, pengetahuan, cara berfikir, dan sikap mentalnya, seorang trader dapat dikategorikan dalam 5 tingkatan. Trader Pemula Seorang trader pemula pada umumnya masih merasa asing terhadap pasar forex. Trading forex dianggap sesuatu yang baru dan mungkin agak unik atau mengasyikkan. Mereka cenderung ingin mengetahui segala hal yang berhubungan dengan trading dan pasar forex dengan cepat dan instan. Baik analisa fundamental maupun analisa teknikal dipelajarinya dengan cepat. Trader pemula selalu mencari dan mempelajari cara-cara yang gampang, sederhana, dan segera dapat digunakan untuk trading. Pada umumnya, mereka mengharap profit besar dari trading forex. Trader Profesional Dari sebutan "profesional" yang disandangnya, memang profesi utama trader di tingkatan ini adalah t
Read more

SNR, BEST TRADE STRATEGY!

Image
SNR (Support and Resistance) is fairly popular in the world of forex trading. This is one of the most frequently used techniques in technical analysis. Without it, traders will experience difficulties and even lose in carrying out trading activities. The support point is the point which is believed to be the lowest point of an asset in a certain period. While the resistance point is the point that is believed to be the highest point of an asset in a certain period. In simple terms, support and resistance are likened to the two most discussed attributes in analysis where support is a level that has the potential to withstand price declines. Meanwhile, resistance is a level area that has the potential to hold back price increases. These levels are used to determine whether the price will continue or reverse. Basically, SNR aims to find out the right area when taking a buy or sell position and determine the target price movement. The support area is generally an area used as a reference f
Read more