Summary: News Transactions

Now, you already know how to conduct news trading! When trading, please firmly remember the following points:

• When you are conducting directional trading, you expect the exchange rate to fluctuate in a specific direction, and you have already placed an order under this expectation.
• It is always good to know the reason why the market is fluctuating in a certain direction when news is released.
• When conducting non directional trading, you don't need to worry about which direction the exchange rate will fluctuate. You just need to wait until the exchange rate triggers the order you have already set up in advance.
• Non directional trading is also known as cross period trading.

This is very

Is it really that easy?

Damn it, no! ! !

Before you feel it, you must practice and exchange many different reports.

• Which news reports will trigger market fluctuations
• How much difference in expected data can trigger market fluctuations
• Which reports should be avoided before trading

You need to practice and trade on some reports.

Like other trading methods, your success is also based on good preparation.

This requires time and practice. You need to do your homework and learn about economic indicators to understand why they are important.

Remember one thing, cherries are delicious and trees are difficult to plant. So, once you master the idea of news trading and are able to apply it freely, you will find that conducting news trading can bring you huge profits.

Extra!Extra!News reports can trigger fluctuations in the currency market, and volatility is the best friend of traders!Do you have enough knowledge to safely trade these situations?