Summary: Trading the News

When trading the news, you can either have a directional bias or a non-directional bias. Here are some other things to keep in mind when news trading: When you have a directional bias, you are expecting the price to move in a certain direction, and you’ve got your orders in already. It is always good to… Continue reading Summary: Trading the News

How to Trade the News With a Directional Bias

Let’s now see how to trade the news with a directional bias in a trading scenario. Let’s go back to our example of the U.S. unemployment rate report. Scenario: If the U.S. Unemployment Report showed improvement, why did the USD still weaken? Earlier, we gave examples of what could happen if the unemployment report came in light… Continue reading How to Trade the News With a Directional Bias

2 Ways to Trade the News

There’s no single strategy for trading the news. When the news hits, the price tends to spike in one direction or has a muted reaction to the data as traders digest the outcome against market expectations. Knowing this, there are two main approaches to trade the news: a) Having a directional bias b) Having a non-directional bias… Continue reading 2 Ways to Trade the News

Beginner’s Guide to Forex News Trading

As forex traders, it’s important to pay attention to major economic data releases, speeches from government officials, and geopolitical events. Why? Because this information usually reflects the strength of a given economy and may indicate the future direction of a given currency. Trading the news is often difficult and not be suitable for everyone, but the… Continue reading Beginner’s Guide to Forex News Trading