GDP, FOMC meetups/press conferences, Employment numbers -- these 3 are usually what i care about. Others do not really matter to me personally.
Many news traders perform well in the markets. They have their own customized way of looking at fundamentals. To each his own.
GDP, FOMC meetups/press conferences, Employment numbers -- these 3 are usually what i care about. Others do not really matter to me personally.
Many news traders perform well in the markets. They have their own customized way of looking at fundamentals. To each his own.
I will recommend to be extremely careful on those conference and major news such as ECB, BOC, NFP, Bank Rates, FOMC. Other than those, maybe can consider to remaining the open position, and no new position.
News can bring increased volatility in the forex market you need to pay attention to economic news coupled with inflation and also geo-political news. And trading currency pair that have high market liquidity in the market is of great advantage since they have the tightest spread because news report tends to widen spread.