How do I trade on the news?


SUBMITTED BY: divine

DATE: July 14, 2017, 3:33 p.m.

FORMAT: Text only

SIZE: 1.2 kB

HITS: 461

  1. How do I trade on the news?
  2. Keep close tabs on upcoming releases with the help of the IQ Option Economic Calendar.
  3. PLEASE NOTE: All of the events on the Calendar are conveniently rated based on their market-moving potency and display previous, forecast, and actual levels, helping you to make better-informed decisions at a glance.
  4. There are 2 main strategies
  5. to trading on the news:
  6. Immediate volatility:
  7. Take advantage of price fluctuations immediately following the news release. If the actual levels exceed the forecast ones, it’s safe to assume the relevant asset price will go up, and if the actual levels are disappointing the opposite is likely to happen.
  8. Correction:
  9. Monitor the price direction the asset took after the news release and watch for the formation of a reversal candle. Corrective trends can point to an excellent trading opportunity.
  10. Pro Tip:
  11. Fortify your market news analysis with technical analysis, using indicators of your choice to get more accurate short-term predictions.
  12. Trading on the news is an integral part of any successful trading strategy. Take the first step towards more predictable and profitable deals.

comments powered by Disqus