Indicators

Hi!! can someone tell me in order of importance what are the most importantce indicators to watch out when the news comes out?

Thank you

Alberto

The Price.

Even so called Non Lagging Indicators are calculated based on the Price and therefore are telling you no more than the Price itself.

Indicators are just that. An Indication of what May occur and in that respect, they are a usefull tool. They are not Mandates. That being said, I would suggest you pay particular attention to previous Support/Resistance which has already been tested.

I am not a member of the James 16 PF but from what I read posted by it's members, If you can't read Price Action, pay the paltry fee to get your Trading on a solid foundation.

There ya go Jim. Free Plug [ as if you needed it ]

Hi Alberto
I'm assuming that if you're asking about indicators your knowledge of Forex is limited. I apologise if I'm wrong, but that's the way I interpret your question.
If this is the case under no circumstances would I advise you to try and trade the news. In any case any indicator that you put on the screen will re-act too slow to be of any use to you. Bemac has been around for a while and I class him as knowledgeable, if he had a solution he would have given you one.
Trading the news is full of peril and requires an understanding of hedging, stop-loss placement and manipulation of spreads. If none of these terms mean anything to you, then stay out.
One of the most respected guys on this forum will tell you that the quickest way to lose your money is trying to trade short-term.
Read this thread http://www.forexfactory.com/forexfor...ead.php?t=2331 and try and take on-board the lessons there.
I'm fairly new to this as well, and have moved away from short-term charts simply to try and give myself more of an edge, and I would respectfully suggest you do the same.
I know you'll probably ignore this advice, so I'll wish you good luck, but if you search the forum you'll find out that one of the biggest complaints currently running here is against brokers NOT filling orders close to news time, and the width of the spreads around that time.
Read these threads BEFORE you proceed.
Peter

Pop into this thread

http://www.forexfactory.com/forexfor...splay.php?f=73

and check this out

http://www.forexfactory.com/forexfor...6&postcount=10

and this
http://www.forexfactory.com/forexfor...ead.php?t=7349

Peter