Trade According To News

i am a newbie and i would kindly as you experts to help me understand the news reports and how do i trade accordingly , please provide me with valuable information or tutorials. i would be very much thankful to all of u.

The 'Trading The News" section here at FF is probably your best place to start.

yeah the news trading room (http://www.forexfactory.com/forexfor...splay.php?f=73) is turning out to be a great idea. i was looking at the threads in there and we have really covered the gambit of news trading. and really we have just begun. i think it will be a great resource.

As a newbie, I would not recommend you trade the news. Fundamentals trading is high risk, high reward. Most newbies do not have the funds to mitigate a huge loss.

A safe place would be to swing trade. You enter the market at a safe point and exit at another safe point. You have a lower risk and will be able to build your trading account. It takes longer but will give you the opportunity to learn and grow.

When you are account ready, there are straddle traders on here who can guide you to trade the news. I am a fundamentals trader but do not straddle trade. I select market direction for a news release and trade accordingly.

Grow your account safely and get through the learning curve to becoming a news trader. That is all I can suggest.

thanks a lot guys for replying , is there some relation with pairs , like if the US strengthens up what all pairs should be guy or sell etc , and the same with GBP

most of these trade the news threads are scalping via economic report threads. it is a type of fundamental trading, but it by no means encompasses all that is a fundamental approach. the release of economic reports affects every trader in the market..... it is good to know about fundamentals if for no other reason to keep an eye on your stop losses & take profit orders during these times of scheduled chaos.
happy trading