personally like to focus on the medium and high-impact news events. Regardless of how or when the news occurs, the two strategies above give you a quick and easy way to read the news via your charts. First and foremost, the news calendar should never be used as a tool to help you enter the market. Step 5: Digging Deeper In addition to seeing the surface content such as the event name, expected impact and scheduled time, you can also expand each event to see additional information.
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The real advantage to using a calendar as a technical trader lies in the scheduled time and expected impact of the news. Every trader is different and therefore has different requirements when it comes to how risk averse they are. Official site Forex Factory :. This is usually a function of the country that the news is released from. Open position large profit The last scenario were going to discuss is the second safest place to be behind having no open position, of course. In other words, attempting to trade a news event for the volatility it causes is a surefire way to blow up a trading account. By doing this, you dont have to sift through the low-impact news to find the events that are likely to cause increased volatility. In fact one of my favorite setups is the NFP pin bar. Mohon petunjuk dan arahannya boss.
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