High Impact News (How To Trade It)
High Impact News Trading (Forex Factory): Example is EurAud bullish trade, but all can be done on a bearish trade too.
RULES:
1) Use 15 minutes charts or Time frames
2) Do not start a new trade 30 minutes prior to and/or 30 minutes after high impact news.
3) Is price action over or under Bollinger Bands indicator 20 SMA? Chart example is over- so trade long.
4) Is price action trending or in momentum now? Chart example is yes- going up or bullish.
5) Stop Loss should be lower then before news. Chart example is: 1.60875
6) Enter should be at start of the 3rd /15 minute candlestick after news or after 30 minutes after news. Enter at 1.61084.
7) Target should be at least 1:1 risk reward of stop loss to enter vs- enter to target. Per chart 21 stop loss vs 29 target.
Target may last one to couple hrs. Per chart target is: 1.61375.
F.Y.I.- All Forex trading involves risks, do not trade with money you can not afford to lose. Trading news can make quick profits or losses.
RULES:
1) Use 15 minutes charts or Time frames
2) Do not start a new trade 30 minutes prior to and/or 30 minutes after high impact news.
3) Is price action over or under Bollinger Bands indicator 20 SMA? Chart example is over- so trade long.
4) Is price action trending or in momentum now? Chart example is yes- going up or bullish.
5) Stop Loss should be lower then before news. Chart example is: 1.60875
6) Enter should be at start of the 3rd /15 minute candlestick after news or after 30 minutes after news. Enter at 1.61084.
7) Target should be at least 1:1 risk reward of stop loss to enter vs- enter to target. Per chart 21 stop loss vs 29 target.
Target may last one to couple hrs. Per chart target is: 1.61375.
F.Y.I.- All Forex trading involves risks, do not trade with money you can not afford to lose. Trading news can make quick profits or losses.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.