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The importance of economic news in forex trading (Fundamental)

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Nick77

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Quote from: Cerberus on June 21, 2022, 02:04:32 AM
Mastering fundamental economics is very important, but we must also be realistic that mastering fundamentals must be adjusted to what we learn
I think this will only be important if we are a fundamental analysis trader
#76 - August 26, 2022, 07:35:10 AM

Dana D

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Quote from: Nick77 on August 26, 2022, 07:35:10 AM
I think this will only be important if we are a fundamental analysis trader
Sometimes traders who use technical are also waiting for a large news release, because usually the price movement is very volatile
#77 - September 11, 2022, 06:45:29 AM

Nick77

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Quote from: Dana D on September 11, 2022, 06:45:29 AM
Sometimes traders who use technical are also waiting for a large news release, because usually the price movement is very volatile
But if you want to trade this way we still have to be guided by the system we use, don't make the news release into a gambling event
#78 - September 11, 2022, 06:46:29 AM

fadillaangga233

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I think people who close themselves to the news then they are people who do not want to be successful in forex trading.
#79 - October 26, 2022, 09:37:33 PM

Prudential

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If we are a fundamental analysis, then this is important
#80 - November 05, 2022, 04:44:33 AM

Deborah

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I rarely look at the economic calendar when trading
#81 - November 05, 2022, 07:29:40 AM

Indika

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If we are a fundamental then this becomes important
#82 - November 15, 2022, 07:24:07 AM

Timah Panas

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I never used news in trading
#83 - November 17, 2022, 07:11:09 AM

Kardel Sharpeye

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Economic news is a key driver of price movements in the forex business. Traders use fundamental analysis to assess the impact of economic data releases, such as GDP, inflation, and employment reports, on currency values. These releases can influence central bank policies, which in turn can impact interest rates and currency values. Traders who stay informed and react quickly to market-moving news can gain a competitive advantage in the forex market. However, it's important to note that economic news is just one factor to consider, and traders should use a combination of fundamental and technical analysis to make informed trading decisions.
#84 - March 02, 2023, 01:39:53 PM

Rodriguz

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I don't care about news if the news has little effect
#85 - May 03, 2023, 03:57:06 AM
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