Forex Trading Strategy On The News

Hello Traders, The 1 minute forex news trading strategy is another strategy where you can use to trade currency news. Every month, the currency market has market moving news the are announced from interest rate decisions, to to employment rates etc. When these news come out with their figures or numbers, the currency market responds to these so if you like to trade news announcement, you may like to try this strategy. Timeframes: 1 minute ( but you can also use 5minutes and 15 minutes as well) Currency Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCHF Forex Indicators: None required BACKGROUND FOR THIS TRADING STRATEGY With this news trading strategy, you wait until the news is announced and see what the figures are. You let the initial market reaction take its course but you are looking for a signal to enter when the market reverses temporarily allowing you to get a good entry.

The rules of the interest rates news forex trading strategy Here is a forex trading strategy which you can use to trade the interest rate news announcements. The concept and the trading rules fore the interest rate trading strategy are really simple. Forex news trading is unpredictable and high risk is another myth that needs to be debunked. Throughout this news trading strategy guides you’ll learn how having the right approach to Forex news trading it will make news trading predictable to a certain degree. Forex news trading can be profitable.

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For example, the Reserve bank of Australia announces an interest rate increase from 3 to 3.25% The reaction to this type of news will see the Australian dollar increasing in hundreds of pips in minutes. But with this system, you are not jumping in the initial rush. Sergei mironov binary options reviews.