pepy Posted August 12, 2016 Share Posted August 12, 2016 Well news surely important, just see how much people wait for the news such as NFP or Interest Rate which surely drive the price further more than what i can imagine. Because news can bring increased volatility in the forex market (and more trading opportunities), it is important that we trade currencies that are liquid, so do the news which is cause of it. Quote Link to comment Share on other sites More sharing options...
myregister Posted August 27, 2016 Share Posted August 27, 2016 New is very much important for us fundamental type traders, we use news as our base to analyze the market, sometimes issue could include into our own list. The other importance of news in forex trading is that news will give us more material to know about the market movement, and that is pretty much good considering that market or players to be exact moved by news around 90%. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 22, 2016 Share Posted September 22, 2016 Yes i agree with your myregister. Still the most important indicator in foreign exchange is actually news. That is what affected the market so much more than we ever know. The important of news right now is something that we cannot deny. Just see what happens when NFP out or when FOMC decided to raise US rates. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 29, 2020 Share Posted September 29, 2020 News is extremely important if you are trading news. In this regard, yes, they need to be paid attention. Quote Link to comment Share on other sites More sharing options...
Doghma Posted September 29, 2020 Share Posted September 29, 2020 For any type of trading, news is important, because the market situation depends on it. Quote Link to comment Share on other sites More sharing options...
gds221 Posted September 30, 2020 Share Posted September 30, 2020 News plays an extremely important role in the event that a trader trades on them. In other cases, this is less important, but still worth paying attention. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 16, 2022 Share Posted January 16, 2022 When I worked with a broker from ExpertOption, I tried to pay maximum attention to this. Still, it's pretty important information for the job. Quote Link to comment Share on other sites More sharing options...
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