How To TRADE NEWS IN FOREX Using The STRADDLE NEWS STRATEGY. +$9550 PERIOD!
#forexnewstrading #forex #daytrading
Welcome to Today's video, the most anticipated video 😊. One of the best ways to profit from Forex Trading is to trade on market moving news. When major news is released, forex prices tend to move rapidly and knowing how to jump in and out quickly to catch the trend can yield high profits in a few minutes.
GET A FUNDED PROP FIRM ACCOUNT NOW.
I Recommend This Prop Firm
🦁 Lionheart Funding Program LFP - Get $600K Max Allocation & Scale Up To $2.5 Million
👉 Get Account Here : https://lionheartfundingprogram.com/
🧑💻 A FOREX COURSE FROM THE BEST FOREX TRADER AWARD WINNER:
🏆 Get My Complete Online Trading Course Now: https://godloveuniversity.com/
🤖 Get PATREX PRO now: https://godloveuniversity.com/p/patrex-pro-3-0
🥇 The Best Mechanical Forex Robot Award Winner
🏓 Join My Free Telegram Channel Now: https://t.me/ndemazeah
💰 Join My VIP Telegram Channel Now(3 To 7 Signals everyday): https://bit.ly/3tKdat5
RECOMMMENDED FOREX BROKERS
🏆 Looking for the Best Forex Broker?
👇 I Use and Recommend These Brokers👇
🎖 IC Markets - #1 ECN Forex Broker with Low Spreads & Fast Withdrawals
👉 Sign up here: https://bit.ly/2W38hd2
⚜️ FP Markets - #2 Fast ECN Forex Broker with High Volume
👉 Sign up here: https://bit.ly/3YO2d6e
🧩 XM - #3 Another Good Forex Broker With High Volume
👉 Sign up link: https://bit.ly/3uyXGZg
RECOMMENDED SYNTHETIC INDICES BROKER.
🚀 Deriv - #1 and Only Synthetic Indices Broker
👉 Sign up link: https://bit.ly/3UPfGs4
🥏 Join My Exclusive Mailing List For Live Updates: https://godloveuniversity.com/email-opt-in/
📧 Email For Business Enquiries: support@godlovegroupltd.com
❤️ Join My Free Discord Community Now!: https://discord.gg/YHfasZcmzc
📸 Follow My Instagram: https://bit.ly/3F8MzXq
----------------------------------------------------------------------------------
Trading Platform
Meta Trader 5 and Meta Trader 4
Trading news is harder than it may sound. Not only is the reported consensus figure important, but so are the whisper numbers (the unofficial and unpublished forecasts) and any revisions to previous reports. Also, some releases are more important than others; this can be measured in terms of both the significance of the country releasing the data and the importance of the release in relation to the other pieces of data being released at the same time.
When Are Key News Releases?
Figure 1 lists the approximate times (Eastern Time) of the most important economic releases for each of the following countries. These are also the times that players in the forex market pay extra attention to the markets, especially when trading based on news releases.
What Are the Key Releases?
When trading news, you first have to know which releases are actually expected that week. Second, knowing which data is important is also key. Generally speaking, the most important information relates to changes in interest rates, inflation, and economic growth, like retail sales, manufacturing, and industrial production:
1. Interest rate decisions
2. Retail sales
3. Inflation (consumer price or producer price)
4. Unemployment
5. Industrial production
6. Business sentiment surveys
7. Consumer confidence surveys
8. Trade balance
9. Manufacturing sector surveys
Depending on the current state of the economy, the relative importance of these releases may change. For example, unemployment may be more important this month than trade or interest rate decisions. Therefore, it is important to keep on top of what the market is focusing on at the moment.
NOT FINANCIAL ADVICE DISCLAIMER
The information contained here and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
