news trading

ok guys i ways trading the euro/usd the news report were to come out on usd at 3:30 gmt FF expectation where positive so i said to my self since the usd report are positive then the euro will go down but i was wrong the euro/usd went up and i ended up with a loosing trade can anyone help me how to do it i mean if usd news are positive what shall happen and if the euro news are positive what will happen as of for the gbp ofcoures and the other way around thank you .

I also have a question - where can I find the UK PPI report as it comes out?

USD report will come +ve, It doesn't ensure that E/U will fall. You have to see how +ve it is against Euro. Look if any stronger euro news! In that case E/U will go upper rather going down.See if recent USd data might not be strong enough against the last Euro data if there is no upcoimng euro data..

So if u wanna trade with news u must consider the news for both currencies of ur pair. One should have negative and other should have positive news. Or one should have positive news and another have no recent or upcoming economic data.

Never entry any trade only with raw economic data. B4 pulling the trigger try some technical analysis. If both tells +ve , then shoot.


Those r just my comment . I am newbie and try to trade in that way.

Best of luck.