How to Trade News | Forex news trading tips

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How to Trade News | Forex news trading tips

Important tips

Focus on the most important news that could produce the greatest effect on the market.

Wait for the publication of the chosen release, and then dive into trade according to the plan.

Remember that the market’s reaction to a news release usually lasts from 30 min up to 2 hours.

If your fundamental reasoning and technical analysis fail and the market’s reaction to the news doesn’t match your expectations, do not go against the market. Follow the market’s trend (probably you missed some important details in your analysis, or misinterpreted the effect of a given release upon its publication).

Don’t rush into a trade. Wait for really strong signals and their confirmation.

And now let’s study three strategies that can be used for trading the news.

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#newstrading #forexnews
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