why is it that it would be hard/difficult time when trading during a News Report?
Protection from EA before news reports 0 replies
I have no idea news reports 3 replies
US news reports 1 reply
Economic News Reports 0 replies
Dislikedwhy is it that it would be hard/difficult time when trading during a News Report?Ignored
DislikedToo much volatility and bigger spreads... meaning your stop losses have a higher probability of getting hit.Ignored
DislikedIf it hits your stop loss then you exit the trade... thus affecting itIgnored
DislikedHi LadyTrader, I think you will get many answers using the demo, regarding this question, coming friday is the Nonfarm Payrolls, one of the news that cause more volatility in Forex, check in the calendar at what time will be the release in your time zone http://www.forexfactory.com/calendar.php open your charts, try to place a position in the demo at the moment, and look how it behaves. You can do the same watching the behaivour of the prices when news that are marked with a red factory in the calendar are released.Ignored
DislikedI've seen also that you ask other questions that in my point of view, you can faster learn yourself by reading and making research in google, investopedia, and the lessons of babypips, and apply all you read in the demo.
Nice day!Ignored