In forex trading, there were approximately 50 fundamental news that could affect the movement of the currency you tradingkan. But not all the news is significantly affected. Some of them can make a drastic move currencies. Others only cause small ripples, and not enough means to make trading profits. Which news is important and what is not important?
Now this becomes an important issue if we want to be a trader at all times and do not know the season. There are about 10 fundamental news worth noting from the decision regarding interest rates to change employment issues.
One keyword if we want to master the fundamentals in the foreign exchange is in terms of reading it! To be able to know that an important fundamental news or not is necessary experience and knowledge. But there are also several websites that kindly provide criteria for any news if the news is not important, fairly important or very important. Well be happy if we get it. For news that it is important not good to ignore and not connecting with your trading at all because not only provide significant influence and trading We pestering. But such news Interest rate and Employment Change is dangerous to be ignored.
Another thing you need to consider also the currency pair you tradingkan. If you trade AUDUSD, then watch the news enough these countries alone. If emerged rate hike news, but it comes from Canada it does not need attention. Ignore it. But for AUD You also need to know what's going on with neighboring countries who eyed the money NZD New Zealand (New Zealand) because they are very close and similar to each other. Apart from the resume that you use the website, you need to understand the important news related to your trading. We've learned in the previous discussion that not most websites forex news presenters signaled any news that is not too powerful, influential or very influential on the currency movements. It also has submitted that the news only country where you tradingkan currency you need to consider. For example if you trade GBPUSD is sufficient We saw the news of these two countries alone. Although there is important news to be released today but it is the news from countries such as Canada, it just ignored it.
But the two things above are often not enough. Some traders beginners have problems related to fundamental analysis because of lack of understanding about the details of any rumors that develops in the market and news that appears. But do not worry, this article will help you to overcome the two.
First on the issue. Distance and speed rumor becomes important here. The problem is we do not know what was happening on the opinion of the overall market. The bulk of forex transactions occur in foreign exchange. When there is action the purchase or sale of large-scale because of the rumors and not because of fundamental news would inconvenience because we really do not know what was happening. For that we need access to help We know the information being circulated in the market at the moment we're trading.
Now this becomes an important issue if we want to be a trader at all times and do not know the season. There are about 10 fundamental news worth noting from the decision regarding interest rates to change employment issues.
One keyword if we want to master the fundamentals in the foreign exchange is in terms of reading it! To be able to know that an important fundamental news or not is necessary experience and knowledge. But there are also several websites that kindly provide criteria for any news if the news is not important, fairly important or very important. Well be happy if we get it. For news that it is important not good to ignore and not connecting with your trading at all because not only provide significant influence and trading We pestering. But such news Interest rate and Employment Change is dangerous to be ignored.
Another thing you need to consider also the currency pair you tradingkan. If you trade AUDUSD, then watch the news enough these countries alone. If emerged rate hike news, but it comes from Canada it does not need attention. Ignore it. But for AUD You also need to know what's going on with neighboring countries who eyed the money NZD New Zealand (New Zealand) because they are very close and similar to each other. Apart from the resume that you use the website, you need to understand the important news related to your trading. We've learned in the previous discussion that not most websites forex news presenters signaled any news that is not too powerful, influential or very influential on the currency movements. It also has submitted that the news only country where you tradingkan currency you need to consider. For example if you trade GBPUSD is sufficient We saw the news of these two countries alone. Although there is important news to be released today but it is the news from countries such as Canada, it just ignored it.
But the two things above are often not enough. Some traders beginners have problems related to fundamental analysis because of lack of understanding about the details of any rumors that develops in the market and news that appears. But do not worry, this article will help you to overcome the two.
First on the issue. Distance and speed rumor becomes important here. The problem is we do not know what was happening on the opinion of the overall market. The bulk of forex transactions occur in foreign exchange. When there is action the purchase or sale of large-scale because of the rumors and not because of fundamental news would inconvenience because we really do not know what was happening. For that we need access to help We know the information being circulated in the market at the moment we're trading.
Source : ngaco-trader.blogspot
