Your SlideShare is downloading. ×
Daily Forex Market News
Daily Forex Market News
Daily Forex Market News
Daily Forex Market News
Daily Forex Market News
Upcoming SlideShare
Loading in...5

Thanks for flagging this SlideShare!

Oops! An error has occurred.

Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Daily Forex Market News


Published on

Daily Forex Market News - Do You Need It?

Daily Forex Market News - Do You Need It?

Published in: Economy & Finance, Business
1 Comment
  • I was sent to Market News on the subject of: market news by a friend who told me last Wednesday you contradicted yourself so often it was hilarious but honestly, I can't see it. Can anyone else?
    Are you sure you want to  Yes  No
    Your message goes here
  • Be the first to like this

No Downloads
Total Views
On Slideshare
From Embeds
Number of Embeds
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

No notes for slide


  • 1. Daily Forex Market News Do you really need daily news?
  • 2. Who Are News Traders?
    • News traders are people who trade exclusively on economic news announcements. Their aim is to make the most profit in the shortest time possible. It’s not unusual to have a market movement of a hundred pips of more, just 5 minutes after the news is announced.
    • News trading is a highly risky style of Forex trading, and is generally not recommended for novice traders.
    • Amateurs who think news trading is a way to make easy money are often taught an expensive lesson by the market.
  • 3. What If I Don’t Want To Trade The News?
    • For those who do not wish to trade the news, they often wonder if they should pay attention to the daily market news at all.
    • In my humble opinion, the answer is generally ‘no’.
    • The fundamental daily news is usually slowly incorporated into the market price, so a competent technical trader will already be able to take into account any unusual changes in price action.
  • 4. However!
    • There are of course exceptions to this rule of thumb.
    • While you probably don’t need to pay a lot of attention to the every-day news announcements, there are some economic news data release dates that you should avoid trading in.
    • These are the same economic news announcements that the news traders trade on. Some examples include the non-farm payroll , ISM manufacturing and FOMC meeting announcements .
    • The high price volatility experienced during these periods are best avoided by most traders… it’s better to keep your capital protected than to risk it on highly risky trades.
  • 5. Learning More…
    • Click Here to get your free 26-page Forex trading guide
    • ‘ Forex Trading Traps’