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Old 19-07-2005, 20:13   #41
PTB
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Re: Trading FX on International News

Don't know if this site is still open since no one has posted lately.

I've found that trading the news is dangerous. Too often the markets reacts the opposite of what you would think. I've found that if I wait for 20 to 30 minutes after an announcement I can utilize the news much more accurately. I love to see the currency react against the trend...then I just wait for the signals that tell me that its turned around...and just ride it back with the trend for some nice profit.
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Old 01-11-2005, 17:55   #42
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Re: Trading FX on International News

Quote:
Originally Posted by Baruch
Well, I think you have to decide: Fundamentals or technicals? You can't trade two very different trading metods at the same time. PS. Why not be a fundamental trader? 95% of all traders are technicals - and 95% of all traders lose...

Yes, Baruch is right.
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