Thank you for the post. It really helps me to gather more knowledge.
Welcome dear…
So, I think we’ve established that there is no perfect way of trading the news! Although, I suppose if you put in a couple of hedged trades that would go in either direction you may be able to pick up some news pips and cancel the other trade.
Anyways, here’s a couple of questions for you all.
When is the best time to stop trading before ‘red’ news and when’s the best time to start trading after ‘red’ news?
If the news isn’t directly connected to the pair I’m trading does it really matter?
In the case of news trading, each trader operates on the basis of his own strategy, and the important thing is that he should be loyal to the strategy, and news trading is also analytical like other cases, and in general, it is better not to trade during news or with lower leverage.