News trading discussion - continuation

16.03
13:15 EUR Official Cash Rate

21.03
12:30 CAD CPI MoM

22.03
18:00 USD Foms
18:00 USD Federal Funds Rate

23/03
12:00 GBP Official Bank Rate

I have been mostly trading the Markets on events. Such as NFP, CPI, INTEREST RATE- for stocks more on Earning Reports. I find the volatility to be helpful when it moves in either direction!

I do this with a small portion of my portfolio!

Looking forward to tomorrow 22nd for the Fed

Waiting for Fed Interest rate GMT+2 at 20:00.


Big expectation, Market had a nice rally yesterday! Today's decision will show whether it was based on fuss or not.

30/03
13:30 USD GDP QoQ

Hey, thread is too long. And I need to spend hours to read it all

Therefore, I decided to share with you my expert opinion no matter what about trading forex using news analysis.

News moves the market. So if you want to capitalize on the action, you need to keep up with the latest economic events and announcements. That means checking the economic calendar daily and staying ahead of the curve.
Once you know what's happening in the world, it's time to act fast. Personally, I like to wait for big news events and then jump in on the market reaction (like @JacobKaspi said above). But you need to be quick on your feet and have a solid understanding of technical analysis, so you can spot trends and price action.

Of course, there are risks involved in trading the news. You could lose big if the market moves against you. That's why it's crucial to have a risk management strategy in place, including stop losses and proper position sizing.

It can be a high-reward strategy if you know what you're doing. Stay on top of the news, act fast, and manage your risk properly. Thats all yuo need to.

Regarding Big events, there are specific strategies that can be used in order to approach the market.

One would be to trade with Pending Order and wait for trigger! Extremely important to do it with a broker that doesn't mingle in the affairs of your trades.
Two would be- to trade the opposite movement after the event has cooled down ( Does not work with all events)
I can share some of my experience in a DM if you would like to hear more.

04/03
05:30 AUD RBA Cash Rate

05/03
03:00 NZD Cash Rate
12:15 USD ADP Non-Farm Employment Change
15:00 USD ISM Services PMI

06/03
13:30 CAD Employment Change

07/03
13:30 USD Non-Farm Employment Change
13:30 USD Enemployment Rate