I am also relatively new to forex but luckily my broker provides reuters live feed so that helps a bit, albeit not all of the news reports are shown, eg Reuters did not provide the ISM non-manufacturing index today.
Anywaz I have noticed in my recent trades that prices often moved 10-20mins prior to the release of the news reports. Is this due to leakages of information or are traders taking a punt on the direction of the news? Is it wise to follow the movement prior to the news releases?
Thanks,
Anywaz I have noticed in my recent trades that prices often moved 10-20mins prior to the release of the news reports. Is this due to leakages of information or are traders taking a punt on the direction of the news? Is it wise to follow the movement prior to the news releases?
Thanks,