abivexi
08-22-2016,
Forex News Trading – Why should you NOT trade this!
http://www.asiaforexmentor.com/webpages/gbpcadnews.gif
Forex trading pair: GBP CAD
This is one of a good example which is worth mentioning.
Alot of people have asked me, Ezekiel – How do you trade the news?
My answer is simple: I rarely trade the news. and i go on by saying that i will usually avoid taking trades when the high / medium impact news is coming in 2 hrs time. And i would only enter the trade AFTER a minimum of 10 minutes when the news is announced.
Why people may say. Trading the news can make you fast money.
Yes it does. But trading the news will NOT make you consistent money. Nor will it make you a full time trader.
Besides its Risky and its like you are laying your stakes in the hand of god.
Forex News Trading – Why should you NOT trade this!
http://www.asiaforexmentor.com/webpages/gbpcadnews.gif
Forex trading pair: GBP CAD
This is one of a good example which is worth mentioning.
Alot of people have asked me, Ezekiel – How do you trade the news?
My answer is simple: I rarely trade the news. and i go on by saying that i will usually avoid taking trades when the high / medium impact news is coming in 2 hrs time. And i would only enter the trade AFTER a minimum of 10 minutes when the news is announced.
Why people may say. Trading the news can make you fast money.
Yes it does. But trading the news will NOT make you consistent money. Nor will it make you a full time trader.
Besides its Risky and its like you are laying your stakes in the hand of god.
Forex News Trading – Why should you NOT trade this!