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News Reports

  • #1
  • First Post: Dec 4, 2007 9:23am Dec 4, 2007 9:23am
why is it that it would be hard/difficult time when trading during a News Report?
  • #2
  • Dec 4, 2007 9:24am Dec 4, 2007 9:24am
Quoting ladytrader
why is it that it would be hard/difficult time when trading during a News Report?
Too much volatility and bigger spreads... meaning your stop losses have a higher probability of getting hit.

Just to see what I mean go check the charts of previous big news events and you can see (even in 1h timeframe) candles that spread over 100 pips.
  • #3
  • Dec 4, 2007 9:30am Dec 4, 2007 9:30am
Quoting branco
Too much volatility and bigger spreads... meaning your stop losses have a higher probability of getting hit.
Okay, I get your point.. But why is it that it would affect the trade?
  • #4
  • Dec 4, 2007 9:32am Dec 4, 2007 9:32am
If it hits your stop loss then you exit the trade... thus affecting it
  • #5
  • Dec 5, 2007 6:27am Dec 5, 2007 6:27am
Quoting branco
If it hits your stop loss then you exit the trade... thus affecting it
Of course, if it really hits the stops, then get out.. so where do the news affect the trade? before it exit or during exiting?
  • #6
  • Dec 5, 2007 10:42am Dec 5, 2007 10:42am
Hi 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.

I'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!
Ado Whether you believe you can do a thing or not, you are right.
  • #7
  • Last Post: Dec 5, 2007 8:23pm Dec 5, 2007 8:23pm
Quoting Ado
Hi 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.
Thank you for the suggestions..

Quoting Ado
I'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!
As i post this thread in the forum, I also do research on that topic on the site you mentioned above.. So I learned from those sites and at the same time I learned here in forum..

Thanks!
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