Forex News Trading Strategy - Fading The Spike



Trading Bonus Free 25€ / No Deposit Required : https://goo.gl/nXSPZ7 Free Tools Here: https://goo.gl/CdbSGV Forex News Trading Strategy - Fading The Spike Forex news trading is perhaps the least technical of all the expert advisor strategies on the market today. Most of the Forex robots base their profit on a set of mathematical rules that analyse past price action to forecast the future behavior of the currency. Forex news trading aims to make a profit by forecasting how the price will behave just after a major piece of news affecting currency markets is released. It aims to profit from the few minutes the information takes to incorporate itself in the price. The main difference between a Forex news trading strategy and the rest of the technical analysis strategies is that technical analysis requires no knowledge of the underlying (fundamental) price drivers. You can apply the same technical analysis concepts to Forex and to orange juice futures, say. Whereas when it comes to a Forex news trading strategy some basic knowledge is requited on what the data means in relation to the underlying market. The great thing about Forex news trading is that you can set stop losses very close to the currency market rate, and hence avoid large losses.

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