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Trading Forex at the News Release
Trading forex news releases requires a tremendous amount of composure, preparation and a well-defined strategy. Without these qualities, traders can easily get swept up in all the excitement of a fast-moving market to their detriment. This article provides useful strategies on how to trade forex news during a major news release. There are two common strategies for trading forex at the news release: 1. Initial Spike Fade strategy 2. News Straddle strategy Each one provides a robust plan for traders to follow, depending on the market environment observed at the time of the release, and how best to approach that ... (full story)