news trading could be risky, but with the right money management - should be OK.
Less time for trading, good moves most of the time.
I wanna share good update of the tool that I used in the past. It allows you to set time/data
for upcoming news + add comment to exact news (easy to identify it in the list).
Both files are attached. Let me know if you like news trading or stay away of it?
PS: there are many free news sources
Yes, it has both sides - fast gains & possible losses. With the right money management you can simply
manage your risks. FX is risky place, no way to make Pips and stay stable
Here is the video that show it in action, just as example. I hope it makes it clearly now.
Also, there is no big news - but the way it works and made profit.
agree with one note - depends on news you are trading on. Suddenly, news fluctuations are quite small lately. I do remember moves in 2012-2015… price could made 100+ Pips on important news. Nowdays fluctuations are smaller, but still good.
I found another way to use it - kind of break out strategy on start of LDN session. Set 20 Pips to both
sides and cancellation in 1 hour. It place an order in Market direction. Results are still confused, but it’s just a first steps and need a time to find out the logic.
