MONEY-FX / What kind of the news can affect the forex trading?

**Posted by sam9630** 10/05/2013 10:21 pm

I want to know form you professional trader what kind of the news that affect in the forex trading and how we get the such kiid of the news and which is the best source to get the news that affected the forex trading.

**Posted by Chris Adams** 6/09/2015 2:29 pm

It’s obviously ones related to the certain currency, but we need to be very careful when doing trading with news, it can work well but in case if it goes wrong then it can be horrible, so that’s why it becomes so crucial that we avoid it as much as possible. I have best of conditions to do news trading with Nova FX’s outstanding Risk Free Trade option, it is a scheme where I get chance to do whatever I want on first 3 trades and even if I lose the money is refunded completely.

**Posted by Karisen Tayler** 10/29/2015 1:31 am

It is obviously news like NFP and such which has the biggest effect on Forex, it is not just for us not to be a news trader, but it is very crucial that we know when this is happening, as if we go against the news then we can be in massive hole. I always use Economic Calendar especially with OctaFX broker where it’s in my time zone, it helps me a lot and allows me to perform at my best, so that’s why I like it enjoy working with them.

**Posted by Chris Adams** 12/01/2015 4:57 pm

Yes Taylor, it is pretty obvious that NFP is the boss as far big movement is concerned, but keep an eye on 16th December, it’s a pretty big day too. I believe this week too is where we will see the meaning of news affecting market, as there are huge movements effected to occur. I suggest people to be holding tight, as one mistake can be a booming situation while one correct move can turn our life around big time while for me it’s pretty cool with Nova FX, as they got all tools to make it easier.

**Posted by Jimmy Hansra** 1/05/2016 12:45 pm

I think all the Economic news can affect the market, it might not do in grand way, but it all joins the party. The best way to know is by checking Economic Calendar, it is obviously the best way to go. I am very lucky that I have got OctaFX broker, as they have wonderful Economic News calendar, it is in my time zone, so that means I can work out every big news that could affect the market. Also, I use swap free account option, so that means I am not required to worry over long term trade and can continue till any major news releasing, it keeps me in safe and tension free zone, it’s all thanks to this lovely broker.

**Posted by Bruce Reid** 1/16/2017 10:14 pm

There are obviously several types of news that can affect Forex trading. But, it’s not part, it’s about how we go about dealing with things, as that’s really something that makes difference to everything. If our strategy and method is right on the mark then we will be able to work it out ever so nicely and for me, it’s too easy with OctaFX using their steady spreads from 0.1 pips to 50% bonus on deposit offering that’s use able, it’s all great and helps me trade well in any situation.

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**Posted by Stuart MacGill** 4/20/2017 6:15 pm

It is obviously to do with the currency that is one the line with news. If the news is for U.S. than Dollar is on the line of impact, so it is obviously dependent on that. However, I believe we should be extremely careful with trading on news, as it could be very hard to handle. I trade through news only if I am certain because I know one mistake can be very costly. I work through FP Markets under whom I can really play it safe with daily market news and analysis plus insights and tips, it is ideal setting for news trader and even in general which makes anyone trade with extra zip and confident.