Please take a look around, and feel free to .
But will corrected, remember that skyrocketing price happen because of the low liquidity and the spread is bigger during that time, so i think it is not good idea to trade during news, or short time after news(around 3-5 minutes), when the market is a bit calm you can enter and get aroun 50-60 pips especially in big news such as Interest Rate.I do think fifty is high cause in some trade you could only walk out with as much as twenty or ten so a good scalp of fifty is also good. Its possible to get ninety in a good long trade for a couple of hours though. I don't think you can get that in half an hour. But any pips is good and in some news release, it shoot up like one hundred pips easily, so erratic.
Just try it dude, i think that the most logical explanation to make profit only by fundamental analysis. News affected traders and also people will move the market and it is clear that people move the market. We don't analyze past data, but the current data that will affect future.everything all depend on the trader becaus if the trader is so good in fundamental analysis he can take good advantages of news trading which will offer him positive result in the forex
This is why i also asked the same thing in my previous posts? How can it be? Forex moved by people's psychology and action and the one who moved people's psychology and action is this news. This is the best indicator of one country economy's health indicator that move many speculator to take decision.Why not?. Because, I prefer to trade in new time. Though, Forex market is fully depend on World economic state, so , we can not avoid new time. But, it’s true the good sites for fundamental news it’s available. But, luckily my regulated trading platform GCI Financial provides me quickest Forex fundamental data. Therefore, it’s very comfortable for me to know the Fundamental view for upcoming movement of market. This is the secret for me to earn huge money by news trading. On the other hand, I am scalper. That means, I always prefer to leave my running trade within very short time. So, never trading is the best option for me to earn quick money within very short time.
good information. Thank you sir