For those who are new to forex, and want to trade on forex news, you can always follow fundamental events that will influence currency movements.
You do not have to follow all news. Just concentrate on the major ones like job rates, interest rates etc. Once you are familiar with how the currency markets move vis-a-vis fundamental news events, you can try your hand at forex trading. You might even make money as a short term trader on economic events !
A good place to check out the latest fundamental news release will be at forexfactory.com as well as forexpeacearmy.com
They will be able to provide you with the dates and time of all events that are coming up.
You can either base your judgement on the news and prepare yourself to buy or short, or you can even engage the use of an expert advisor that can operate on metatrader platform to trade based on your instructions.
I hope this helps !
You do not have to follow all news. Just concentrate on the major ones like job rates, interest rates etc. Once you are familiar with how the currency markets move vis-a-vis fundamental news events, you can try your hand at forex trading. You might even make money as a short term trader on economic events !
A good place to check out the latest fundamental news release will be at forexfactory.com as well as forexpeacearmy.com
They will be able to provide you with the dates and time of all events that are coming up.
You can either base your judgement on the news and prepare yourself to buy or short, or you can even engage the use of an expert advisor that can operate on metatrader platform to trade based on your instructions.
I hope this helps !
