How Forex Trading Reports Can Wreck Your Trades

Any trader who plans to earn money from forex news must take into account the results of previous expectancies on the market. This suggests allowing for any movement that has already occurred in expectation of the announcement. Let’s take an example. Imagine that the US GDP is about to be announced. You predict the news will be good, so that the dollar should rise. Then perhaps, when the GDP is essentially voiced, it seems not to have risen quite as much as folk expected. The news was still pretty good, but it did not reach the market’s expectations. The choice to trading with the purpose of making money from reports news is, naturally, to stay out of the market any time that a major announcement is due.

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