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Old 05-21-2007, 01:42 PM
pipskweezergeezer's Avatar
pipskweezergeezer pipskweezergeezer is offline
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Join Date: Dec 2006
Location: UK
Posts: 15
Default Really worth it?

Of course it is likely, but as a novice FX trader I stay clear of major news announcements as they can vary, tho you can go from news and expectations if you like and put on a trade/keep one open.
Oh yes as we know, most brokers increase their spread on such news releases.
Just keep your stakes low, enter 5 mins or so after a major news release, or if you have read that the data is likely to be good and the TA shows scope for more movement in a trend then keep your trade open, otherwise close it.
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