..Just an hour later and after a S&P anouncement, a big, big move. I wasn't there anymore..
2 comments:
Nasir
said...
It’s normal in my view as I have been doing trading on news for long time now and it is very common to see such things happening with over expectations but at the end we hardly get any solid returns. I trade with OctaFX and thankfully their low spread of just 0.2 pips and rebate service where I receive 15 USD cash back whenever I complete 1 lot size trade, it makes very easy for me to be fearless in news.
A trader cannot succeed in the CFD market if he or she is not able to understand the impact of economic events that take place around the world. These changes have an influence on price changes and shift in the market trends. Traders can observe such economic events taking place on the world scene with the help of the Economic Calendar provided by the website of FXB Trading and educate themselves on how to trade successfully.
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
Reading simultaneously two books on Technical Analysis, one good and one (very) bad. The good one is this, by Martin Pring . All you need to...
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
2 comments:
It’s normal in my view as I have been doing trading on news for long time now and it is very common to see such things happening with over expectations but at the end we hardly get any solid returns. I trade with OctaFX and thankfully their low spread of just 0.2 pips and rebate service where I receive 15 USD cash back whenever I complete 1 lot size trade, it makes very easy for me to be fearless in news.
A trader cannot succeed in the CFD market if he or she is not able to understand the impact of economic events that take place around the world. These changes have an influence on price changes and shift in the market trends. Traders can observe such economic events taking place on the world scene with the help of the Economic Calendar provided by the website of FXB Trading and educate themselves on how to trade successfully.
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