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Trade Forex after a Major News Release

Trading the news is exciting. However, it’s also risky due to the large moves that follow a News Release and because of these moves you need to be well prepared ahead of time if you’re interested in trading around big News Events. First, it’s important to cover how to know when a big news event is coming out.
Learn Forex: News Events Cause Forex Prices to Fluctuate Greatly
A Quick Primer on the DailyFX Economic Calendar
The DailyFX Economic Calendar is a key tool to help make you aware of when a High Importance event is coming out like the Federal Reserve Minutes or a Bank of Japan Rate Decision. To find the news that will most likely move the market, you should adjust the filter to only see High Importance events so that your calendar isn’t flooded with news that has little probability in moving the market. Once the filter is applied, you can begin looking for news events on currencies that you’re trying to find good opportunities in


This post first appeared on Forex Care Club, please read the originial post: here

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Trade Forex after a Major News Release

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