Forex Forums | ForexLasers.com


Go Back   Forex Lasers Forum > FOREX TRADING > Forex Discussion


Three secrets for trading the high impact news release

Forex Discussion


Reply
 
LinkBack Thread Tools Search this Thread
  #1  
Old 04-12-2017, 19:46
InstaForex's Avatar
Level V Lasers Member
 
Join Date: Aug 2014
Posts: 2,332
Default Three secrets for trading the high impact news release

Three things that you should follow while trading the high impact news

The forex market is an extremely volatile market and every single day the number of retail traders is increasing at an exponential rate. Most of the people consider forex trading as their full-time profession since they know that this market can secure their financial freedom in life. The market becomes extremely volatile during the high impact news release and most of the novice traders lose money. In this article, we will give you three amazing tips to execute high-quality trades during the high level of volatility.

Use price action signal

Price action trading strategy is considered to be the most reliable and profitable trading strategy in the world. If you truly want to become a profitable trader then you should go for forex price action trading course. When the high impact news is released in the market don’t just jump into the trade rather wait for price action confirmation signals in the market.

Use the smaller time frame

When you trade the news releases in the market you need to look for price action signal in the smaller time frame. The experts use the minute 5 and 15-minute frame to trade high impact news release. But you should draw the key support and resistance level in the higher time frame and look for candlestick confirmation signal in the smaller time frame.

Limit your risk

No matter how well you do the technical and fundamental analysis there is always a chance that you will lose the trades in the market. So when you trade news release never risk more than 1 percent of your account capital in single trade.

If you want to learn forex trading from expert price action trader then take our forex price action trading course. For further query please feel free to contact us.



Reply With Quote
  #2  
Old 07-08-2018, 01:51
Level IV Lasers Member
 
Join Date: Apr 2016
Posts: 366
Default Re: Three secrets for trading the high impact news release

Most Forex traders don’t have the experience and skill to trade the large fast whipsaw movements during important news releases. The increased volatility should be left to the pros.
Reply With Quote
  #3  
Old 01-05-2019, 10:31
Level IV Lasers Member
 
Join Date: Feb 2014
Location: GB
Posts: 280
Send a message via ICQ to chin100 Send a message via AIM to chin100 Send a message via Yahoo to chin100
Default Re: Three secrets for trading the high impact news release

Know that just because the market is moving, it doesn’t mean you have to trade it. The little-known truth is that 99% of the volatility you see every single day is just a trap waiting for the unsuspecting trader.

Best Forex EA
Reply With Quote
  #4  
Old 10-05-2019, 14:27
Level 1 Lasers Member
 
Join Date: Mar 2019
Posts: 13
Default Re: Three secrets for trading the high impact news release

Quote:
Originally Posted by chin100 View Post
Know that just because the market is moving, it doesn’t mean you have to trade it. The little-known truth is that 99% of the volatility you see every single day is just a trap waiting for the unsuspecting trader.

Best Forex EA
very well said, i couldnt agree more!
Reply With Quote
  #5  
Old 16-02-2020, 12:15
Level V Lasers Member
 
Join Date: Jun 2015
Posts: 756
Default Re: Three secrets for trading the high impact news release

We should focus on more things than just this. If we want to be successful then we need to plan out better and even join a reliable broker. There are many scammers out there so we need to be careful that we don’t get into with such companies.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
High risk high profit ?? agree?? shere1779 Forex Discussion 9 15-08-2023 14:16
Arbitrage Trading Secrets vic2 General MT4 / MT5 discussion 6 10-05-2023 07:36
high leverage , high risk ? DirkNannes Forex Discussion 6 03-06-2020 20:00
Daily Chart Trading Secrets ForexArticles Forex Articles 1 17-10-2016 14:51
Limited Release Of The 3 Prong Manifesto Now! makealiving Software / Signals / Services 7 06-05-2009 17:31


All times are GMT. The time now is 09:07.


Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2024, vBulletin Solutions, Inc.