Forex 3333 investment

Best of all forex investment , Only 1 pip , Free Practice account too.
 
HomePortalFAQSearchRegisterMemberlistUsergroupsLog in
Navigation
 Portal
 Index
 Profile
 FAQ
 Search
Free Adv & Investment

Free Advertise & Investment

 

Free Advertise

Investment

Latest topics
» what is the best crm software ?
Fri Sep 19, 2014 1:14 am by Jessia2020

» Forex Trading Strategies – Its all about Boxes
Sat Oct 26, 2013 1:57 am by ivan2125

» forex newbie
Tue Oct 22, 2013 5:04 pm by bency888

» forex game app
Fri Aug 09, 2013 3:59 am by balibo

» Which trend should I look? The long term or short term?
Sat Aug 25, 2012 3:32 pm by asiaforexmentor

» Forex Trading Strategies & System – 2nd Chance
Sat Aug 25, 2012 12:13 am by asiaforexmentor

» Psychology Of Forex Trading
Wed Aug 15, 2012 6:35 pm by asiaforexmentor

»  Forex Trading Strategies & System – 2nd Chance
Wed Aug 08, 2012 6:27 pm by asiaforexmentor

»  Forex Trading Strategies – Fibonacci
Fri Aug 03, 2012 11:51 pm by asiaforexmentor

» Forex Trading System What happens when 1 pin fails to break?
Fri Jul 27, 2012 10:44 am by asiaforexmentor

» Forex Price Action – Why did one Price Action Pin work and not the other.
Mon Jul 16, 2012 4:57 pm by asiaforexmentor

» can u please tell me how to over come a situation like This?
Mon Jul 09, 2012 5:00 pm by asiaforexmentor

» Forex Trading Systems – Ping Pong Trade
Thu Jul 05, 2012 11:51 am by asiaforexmentor

» FOREX TRADING STRATEGIES: HOW DOES TIME FRAMES INTER-LINK?
Thu Jun 28, 2012 2:53 pm by asiaforexmentor

» The Super Power Forex Trading Secrets.
Mon Jun 11, 2012 2:58 pm by asiaforexmentor

» Price Action – Double Pin Bar
Tue Jun 05, 2012 4:05 pm by asiaforexmentor

» Forex Trading – Gaps
Mon May 28, 2012 8:05 pm by asiaforexmentor

» Spread Rebate Program
Mon May 28, 2012 4:18 pm by rion

» Should we or should we not take this trade?
Tue May 22, 2012 5:12 pm by asiaforexmentor

» How do you trade the news in forex trading?
Wed May 16, 2012 8:06 pm by asiaforexmentor

» Forex Trading Psychology: Levels of FEAR
Mon May 07, 2012 11:58 am by asiaforexmentor

» How to take this Price Action Pin Bar(Part 2)
Mon Apr 30, 2012 3:24 pm by asiaforexmentor

» How to take this Price Action Pin Bar(Part 1)
Mon Apr 23, 2012 4:46 pm by asiaforexmentor

» SOMETHING THAT I HAVE BEEN FOR YEARS IN FOREX TRADING.
Wed Apr 11, 2012 5:11 pm by asiaforexmentor

» How to be consistently profitable in forex trading.
Wed Apr 04, 2012 9:29 pm by luzfxtrader

» Are we just plain scared to trade the lower time frames in forex trading?
Mon Apr 02, 2012 4:59 pm by asiaforexmentor

» Forex Trading Is Like stacking a Pack of Cards.
Mon Mar 19, 2012 5:47 pm by asiaforexmentor

» How I Turned a Losing Trade to a Winning Trade.
Mon Mar 12, 2012 8:48 pm by asiaforexmentor

» Learn FX Trading -> Your Forex Work Station.
Tue Feb 28, 2012 2:58 pm by asiaforexmentor

» Price Action Forex -Why Forex Trading is Easy with Price Action?
Mon Feb 20, 2012 12:22 pm by asiaforexmentor

» A CRAZY FOREX TRADE I TOOK RECENTLY – 950% GROWTH IN 2 WEEKS
Mon Feb 13, 2012 1:04 pm by asiaforexmentor

» Free Daily Price Action Forex Trading Strategies & System
Mon Feb 06, 2012 1:25 pm by asiaforexmentor

» Importance of stop loss placement in forex trading.
Tue Jan 31, 2012 12:28 pm by asiaforexmentor

» Free Daily Price Action Forex Trading Strategies & System From Asia Forex M
Wed Jan 25, 2012 12:56 am by asiaforexmentor

» Let’s Make Year 2012 a Great Year.
Mon Jan 16, 2012 12:42 pm by asiaforexmentor

» How do you trade the news in forex trading?
Mon Jan 02, 2012 6:32 pm by asiaforexmentor

» Risk Management in Forex Trading.
Tue Dec 27, 2011 3:41 pm by asiaforexmentor

» What’s your winning probability?
Mon Dec 19, 2011 4:56 pm by asiaforexmentor

» Professional Forex Trading Strategies.
Wed Dec 07, 2011 4:14 pm by asiaforexmentor

» Forex News Trading – Why should you NOT trade this!
Mon Nov 28, 2011 6:10 pm by asiaforexmentor

» What is Price action?
Mon Nov 21, 2011 12:47 pm by asiaforexmentor

» What can we expect for the EUR and the USD?
Tue Nov 15, 2011 5:27 pm by asiaforexmentor

» AGGRESSIVE TRADING PSYCHOLOGY IN FOREX MARKET!
Tue Nov 08, 2011 12:07 pm by asiaforexmentor

» Online Forex Trading: Are You A Lion or a Cub?
Tue Nov 01, 2011 12:19 am by asiaforexmentor

» Whats your Risk percentage per trade?
Mon Oct 24, 2011 3:43 pm by asiaforexmentor

» WHY you should NEVER Trade Live without learning a Proper Forex Course
Mon Oct 17, 2011 2:31 pm by asiaforexmentor

» Unite World Capital Ltd. - UWCFX.com
Thu Oct 13, 2011 10:59 pm by Goldman

» Forex Breakout: Why are they so profitable?
Thu Oct 06, 2011 2:52 pm by asiaforexmentor

» How many times do you trade a week?
Sat Oct 01, 2011 9:04 pm by asiaforexmentor

» Mastering your emotions for efficient Forex Trading.
Tue Sep 13, 2011 7:49 pm by asiaforexmentor

Search
 
 

Display results as :
 
Rechercher Advanced Search

Share | 
 

 Forex News Trading – Why should you NOT trade this!

View previous topic View next topic Go down 
AuthorMessage
asiaforexmentor



Male Number of posts : 53
Age : 26
Location : Singapore
Registration date : 2011-03-28

PostSubject: Forex News Trading – Why should you NOT trade this!    Mon Nov 28, 2011 6:10 pm

Forex News Trading – Why should you NOT trade this!



Forex trading pair: GBP CAD
This is one of a good example which is worth mentioning.
Alot of people have asked me, Ezekiel – How do you trade the news?
My answer is simple: I rarely trade the news. and i go on by saying that i will usually avoid taking trades when the high / medium impact news is coming in 2 hrs time. And i would only enter the trade AFTER a minimum of 10 minutes when the news is announced.
Why people may say. Trading the news can make you fast money.
Yes it does. But trading the news will NOT make you consistent money. Nor will it make you a full time trader.
Besides its Risky and its like you are laying your stakes in the hand of god.
Forex News Trading – Why should you NOT trade this!

If you ask me, i prefer trading safe and trading with a plan. I do not like to leave my fate of the trade on luck by predicting the outcome of the news.
Which is why i do not trade 2hrs before hand for any affecting pair.
In the chart above, forex pair: GBP CAD
There is an upcoming news on the GBP in 48 mins time.
I spotted the pin bar before hand , but i didn’t take the trade.
Because Rule no. 1: Do not take trades that have news impact with a buffer of at least 2hrs advance.
So what we can see from the chart is that the market has gone wild, and people are expecting good news on the GBP which resulted in the spike of any GBP pairs.
Had we taken the trade, we would have gotten stop out and made a loss.
I hope you got something out of this forex news example.
This is just one of the ways we trade, Check out our Winning Asia Forex Mentor Price Action Forex Course where i teach you the exact FULL Forex Trading System that i personally use.
See you on the other side my friend,
Asia Forex Mentor
Ezekiel Chew
Asia #1 Forex Mentor
www.asiaforexmentor.com
Back to top Go down
View user profile
 
Forex News Trading – Why should you NOT trade this!
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» Forex Gap Trading
» I just started forex trading. Need help.
» Sri Lanka forex markets quiet
» The Big Shadow
» Forex Day Trading with 1000 dollars (or less)

Permissions in this forum:You cannot reply to topics in this forum
Forex 3333 investment :: Forex Investment :: Post all Forex Investment-
Jump to: