How to Trade Forex By News (News Trading)

Basically, Forex Trading based on news (News Trading) is a trading technique by comparing the difference between the actual results of economic news with value forecast (prediction) of the news.
Generally, if the difference between the actual value and the value forecast large enough, then the price movement will be more drastic than if the difference is slight or in accordance with predictions. But then again, there are other factors that you should consider if you want to use this technique Trading News

Important factors to consider for News Trading:

• The types of economic news what is considered important by the market and the potential to cause substantial price movements (dramatically). The more important then price movements usually occur also greater
• How large is the difference between the actual and forecast (prediction) of the news. The greater the difference between the actual value of the forecast, the greater the price movement that occurs
• High-Low Range Daily (Daily Range) some time before the news was announced. The smaller the daily range of the currency in question before the announcement of the news, it is usually relatively larger price movement
• Currency Pair type you use, the bigger spreads and Slippage. There is a certain pair a little "weird", because although there is news that should be important enough for the pair, but it did not happen the price movement is large enough, there are even times when the price is virtually immobile. There are certain forex brokers are deliberately encouraging the spread as an important news announcement. Also often occurs slippage (price not fit) between the price you get your order by the