news n trading
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Thread: news n trading

  1. #1
    gracha is offline Newbie
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    Jan 2012
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    Default news n trading

    hi..could anyone help me
    i want to know how to connecting the world news with bull or bear?
    because all i read news can affect the flow
    thanks

  2. #2
    ascms is offline Newbie
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    I will try to help you. First there are multiple lessons in babypips that address trading the news and relationships with other markets. Grade 12 'Fundamental analysis', Freshman year 'Market sentiment' and 'Trading the news', Sophomore year 'The $ index', 'Intermarket relationships' and 'Using the equities markets to trade FX'.

    I start every trading day by reading Pip Diddy's blog on baby pips home page to get an idea of what news is breaking that day and how it might affect the FX markets. Then I check the US $ index and the futures of the US equities markets, this gives me an idea of how the market MAY MOVE during that day's session. Take this week for example the equities markets fell and the US $ index went up so this week's FX markets generally were strong the $ against other currency's.

    Just so you know I also use technical analysis in my trading plan. I hope this is of some benefit to you.
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  3. #3
    Haley12 is offline Master Contributor and Member
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    Go through to link:How News Affect Forex? — Forex News Here you will get useful information about "How News Affect Forex?"
    gracha likes this.

  4. #4
    southsydah is offline Newbie
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    Hi newbie here..was just reading up about 'trend reversal indicators' does anyone here have any experience with using this type of indicator as it comes across as an excellent indicator..?

  5. #5
    gracha is offline Newbie
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    Quote Originally Posted by Haley12 View Post
    Go through to link:topforexnews.com/how-news-affect-forex How News Affect Forex? — Forex News[/url] Here you will get useful information about "How News Affect Forex?"
    thank you i will bookmarks the link

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