I have a question about news trading. I understand news can move the market and it does but I find it hard to trade. Does anyone here trade news and how do you do it? It seems that price does not always move in the direction it should. I was just wondering if there is something I'm missing or maybe I don't understand what the news is saying.
Posted by Machiavelli on :
no.. i don't trade news... because the FOREX market is so huge that it takes alot to make it move in one direction or another by news alone... i stick to technical analysis and look for patterns and such...