Influence of Forex companies news on the price of a currency is indisputable, especially if the question is about important news, and about traders with a small deposit, after all, strong price movement, without stop-loss can lead to financial loss.
The trader, practicing trading on Forex market company news, knows that participants of the financial market react to some events very actively, and on others their reaction is weak or is absent. In rare cases market news can simply blow it up, causing the strongest movements of the price, to 200-300 pips a day. It is possible to make a conclusion that operational use of Forex companies news and their subsequent interpretation is an important help for profitable trading.
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Influence of Forex companies news on the price of a currency is indisputable, especially if the question is about important news, and about traders with a small deposit, after all, strong price movement, without stop-loss can lead to financial loss.
The trader, practicing trading on Forex market company news, knows that participants of the financial market react to some events very actively, and on others their reaction is weak or is absent. In rare cases market news can simply blow it up, causing the strongest movements of the price, to 200-300 pips a day. It is possible to make a conclusion that operational use of Forex companies news and their subsequent interpretation is an important help for profitable trading.
The brokerage companies offer the possibility to read the news - both on their sites and in the trading terminal. In general, it is necessary to distinguish 5 main types of brokerage companies news: