How to trade the news | Forex Factory

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How to trade the news

  • #1
  • First Post: May 21, 2007 2:16am May 21, 2007 2:16am
Hi guys, how to trade the news, please give some information, when should i place the order once reading come out,


Need your wonderful help here and really appreciate your help...


thanks again !!!!
  • #2
  • May 21, 2007 5:06am May 21, 2007 5:06am
There are a number of strategies to trade the news: straddling, continuation, auto-click softwares, spike-fading, etc.

You might want to dive into the News Trading section of this forum and read it through.

But be careful when trading the news: it's wild, difficult and risky.
  • #3
  • May 21, 2007 8:06pm May 21, 2007 8:06pm
Hi thanks for the comment, really appreciate that !!!
  • #4
  • May 21, 2007 8:29pm May 21, 2007 8:29pm
Aye very risky, it's about the quickest way to find yourself on the wrong side of a trade. Or the right side. Same advice as WTB, read those sections and just watch how the market reacts to news.
  • #5
  • Nov 18, 2007 9:18am Nov 18, 2007 9:18am
I trade the news by entering a trade 15 minutes before the news is released.
I enter both SELL STOP and BUY STOP oending orders, with a take profit of 15 pips and stop loss of 15 pips.
Take NOTE that as soon as any of the trades enter after the NEWS is released, close the other trade.

Be carefull
  • #6
  • Nov 22, 2007 1:58am Nov 22, 2007 1:58am
I am sure I have seen s book about this. Trading the news like pro or somethink similar. Google it.

Good luck
{Link Removed}
  • #7
  • Mar 13, 2008 9:44am Mar 13, 2008 9:44am
Quoting WTB
There are a number of strategies to trade the news: straddling, continuation, auto-click softwares, spike-fading, etc.

You might want to dive into the News Trading section of this forum and read it through.

But be careful when trading the news: it's wild, difficult and risky.
I can't find the News Trading section. Deleted?
  • #8
  • Mar 13, 2008 11:00am Mar 13, 2008 11:00am
Trading news spike on or during eco releases is harder than it used to be. Brokers are doing things like widning out spreads and in some cases will not execute market orders during announcement time. I have found it to be more profitable, not to mention less stressful to not try and trade the individual number but wait and determine what it means for market direction after the market has had time to process the data.

YES i miss a few trades sometimes!!
  • #9
  • Mar 13, 2008 6:32pm Mar 13, 2008 6:32pm
Quoting FXMutant
Trading news spike on or during eco releases is harder than it used to be. Brokers are doing things like widning out spreads and in some cases will not execute market orders during announcement time. I have found it to be more profitable, not to mention less stressful to not try and trade the individual number but wait and determine what it means for market direction after the market has had time to process the data.

YES i miss a few trades sometimes!!
But you trade a technical system?!
  • #10
  • Mar 13, 2008 6:34pm Mar 13, 2008 6:34pm
Quoting shadeslay
Aye very risky, it's about the quickest way to find yourself on the wrong side of a trade. Or the right side. Same advice as WTB, read those sections and just watch how the market reacts to news.
Yes, it's risky, but if you lose, you know why you lose...
  • #11
  • Mar 13, 2008 6:57pm Mar 13, 2008 6:57pm
Quoting FXMutant
Trading news spike on or during eco releases is harder than it used to be. Brokers are doing things like widning out spreads and in some cases will not execute market orders during announcement time. I have found it to be more profitable, not to mention less stressful to not try and trade the individual number but wait and determine what it means for market direction after the market has had time to process the data.

YES i miss a few trades sometimes!!
What FXMutant said is right on the money. Widened spreads or orders not being executed are a pain. So let me share my method for trading the news.

1- Wait for CNN/FOX/ABC/MSNBC/etc to finish dissecting whatever piece of news comes out

2- Wait a day

3- Look at your charts and proceed with your technical analysis

4- If #3 has a positive outlook, trade
Not all sins are created equal
  • #12
  • Mar 14, 2008 3:57am Mar 14, 2008 3:57am
Quoting Cutten13
Yes, it's risky, but if you lose, you know why you lose...
But do you really know why you lose?

The thing about the news is that you don't try to predict what it means to the price but what people think it means to the price: you predict the reaction to the news. And then you have to look out for reversals.

Trading the news is a good way of losing money if you don't know what you're doing.
The market reveals who we really are...
  • #13
  • Apr 2, 2008 9:19am Apr 2, 2008 9:19am
Quoting shadowninja
But do you really know why you lose?

The thing about the news is that you don't try to predict what it means to the price but what people think it means to the price: you predict the reaction to the news. And then you have to look out for reversals.

Trading the news is a good way of losing money if you don't know what you're doing.
Yes, you need to know what you are doing. Are you trading the news - and if yes, how?
  • #14
  • Apr 2, 2008 9:47am Apr 2, 2008 9:47am
Quoting Cutten13
Yes, you need to know what you are doing. Are you trading the news - and if yes, how?
I tend to avoid the news and stick to trading Jacko's method. I don't want stress.

If I spot an opportunity close to news then I will take it but that isn't exactly trading the news.
The market reveals who we really are...
  • #15
  • Last Post: Apr 2, 2008 4:57pm Apr 2, 2008 4:57pm
I've got myself into a terrible hedge trading Eur/Usd and i'm hoping NFP will save me
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