Hello everybody!
First of all, sorry for my English(not native language).
I've been a member here for a while and It's my first time posting, so please bare with me
I'm asking about news releases(sorry if it's asked before but I could not find an answer), from what I understand in the spot forex market during news announcements, all the big players are sitting on a fence waiting to see what's up,and the broker(ibfx in my case),widens spread and so forth,,,,
so how do I know what news release is going to have an impact on the broker's chart?? I've checked dailyfx.com and there are like a dozen announcements a day,if i would take the "don't trade the day of a news flash" advice I would get like 3 days a month of trading!
please if someone could clarify?!
many pips to all you, and,,, "lunch is for wimps"(couldn't resist)
First of all, sorry for my English(not native language).
I've been a member here for a while and It's my first time posting, so please bare with me
I'm asking about news releases(sorry if it's asked before but I could not find an answer), from what I understand in the spot forex market during news announcements, all the big players are sitting on a fence waiting to see what's up,and the broker(ibfx in my case),widens spread and so forth,,,,
so how do I know what news release is going to have an impact on the broker's chart?? I've checked dailyfx.com and there are like a dozen announcements a day,if i would take the "don't trade the day of a news flash" advice I would get like 3 days a month of trading!
please if someone could clarify?!
many pips to all you, and,,, "lunch is for wimps"(couldn't resist)