Forex News Trading - An Innovative Non-Technical Strategy Trading Forex News

Forex news trading is perhaps the least of all the technical expert advisor strategy in the market today. Most Forex robots base their profit on a set of mathematical rules that analyze past price action to predict the future behavior of the currency. There is a strong presumption of the efficient markets hypothesis -. Ie take all the information available on the market is already built into the price, and therefore there is no use in looking at anything beyond the historical price movements

Forex news trading goal is to make profit forecasts that prices will only act after a major news affecting the currency markets is released. Its aim is to gain a few minutes of data need to be involved in cijenu.Glavna difference between forex trading strategy for the rest of the news and technical analysis strategy is that technical analysis does not require knowledge of the fundamental (basic) cost drivers. You can apply the same concepts of technical analysis in forex and orange juice futures, they say. Whereas when it comes to forex trading news strategy some basic knowledge about what is requited data means in relation to the underlying market.

The great thing about Forex trading news is that you can set stop losses very close to the rate of the currency market, and thus avoid large losses. No need to hold the position opened last few minutes before a piece of econometric data is released. On the other hand, if the right direction of economic news (ie the market moves in favor), you could be sitting on a very large profit quickly.

So how do you know when Forex news is released? The easiest way is to visit one of the many Forex Economic Calendar on the web every morning. Open your calendar, set to match your local time zone and check on your charting software at a time when they appear new.

the beauty of the Forex trading news is that you do not have to be trading each data release. If one day you do not show (or simply can not be in front of computer trading), you can just let it go without having any open position. Other more long-term strategies may require regular monitoring of the market as to the position open for a few days or weeks.