Forex News Trading System – 3 Cautions Related to Any System Based on Trading Forex News
Forex System based on trading news should be selected very carefully. Primary reason being that trading during any fundamental announcement or news is one of the most explosive time during a trading session. The market can move 100s of pips in matter of seconds. Thats why the risk involved are more than trading using technical analysis.
Still, because of profit potential, trading during forex news announcement is one of the most tempting proposition for forex traders. When you are selecting any forex news based system, please make sure that it covers below mentioned 3 risks –
1. What is the