Many Look At The Forex Factory But Do Not Know The Secret Of Profit Behind Forex News

thecekodok
Do you know about the economic calendar? Yes, many people are looking at the Forex Factory. Usually, every news season, NFP or FOMC, many people look at the news at Forex Factory. But they only know about red or green news.

"Eh, today there is red news?"
"News came out red to green?"
“Orange news? never mine not too strong... "
"The news came out with a red result, why is it so strong?"

Usually, this is the popular dialogue of the week news…

We learn painting to follow the green, red, blue, orange all this .. haha! …

And many also only know about NFP and FOMC news. These two are the most popular they take note of.

"FOMC news is at 3 in the morning again, what kind of trap do you want to set?"
"FOMC News, fresh let's set the net."
“News? Crazy, I don't trade time news. Danger!"
"Let's trade news, how do you know you can make a profit"

Hmmm… I was sad when I heard this sentence from fellow traders.

I have actually been asked many times about how to trade forex the right way, the long term way. How to stay consistent profit in trading.

The way is to really understand what drives the market. Why? On what factors is it moving?

Do you know, if you really find out about the essence of news like the FOMC at 3 am later, you will be able to know that the US Dollar wants to weaken or strengthen until the FOMC meeting next month.

Yes, the FOMC is a meeting and issuance of statements discussing US monetary policy. Indeed, if you understand, it can minimize our risk in trading, and increase our chances of profit in forex trading.

So this is the importance of fundamental knowledge that you need to know and study.


You can imagine, that is just one news, imagine if almost all the news in the Forex Factory, you can understand the rate of 90%. Isn't that good and will help you in forex trading? Right?

What, hard to understand? He is just like this, you want or do not want. If you still give a lot of reasons, until when you want to be at the same level. It is difficult to succeed like that.

If you do not understand how to read Forex Factory, Bloomberg, any other forex news portal, and so on, just read this KAKIFOREX.com.

I've set up this website to help you tell the team about the review before and after the news news coat, in easy to understand. That's fun.

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Ok, hope these tips help you.