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Old 13-08-2015, 08:15
dangtrader dangtrader is offline
Level IV Lasers Member
 
Join Date: Oct 2013
Posts: 202
Default Re: Do you ever get 'caught' by News Events?

I work for trading on news events because these are only times when you can predict market with more than 50/50 odds. If you're able to analyse political decisions, economic reports and changes in macroeconomic indicators, then it's definitely for you. I've been trading for 2 years on NFP and Retail sales at Hotforex, but when they introduced zero spread account with lowered spreads I can try to profit from non-USD news, for example on JPY or USD/RUB
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