Saturday 21 April 2012
The Disadvantages of Forex News Trading
Although Forex news trading strategies can prove to be very profitable, you should be well aware of the disadvantages of trading the news in the market for currencies, if you are interested in using one of these types of strategies. First of all, news trading is all about placing orders before or immediately after important news releases, such as the US nonfarm payroll (AKA the job report). Forex news traders attempt to take advantage of the high volatility that is caused in the market for currencies, as a result of important news releases.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment