There is a lot of news in the Forex Factory. Sometimes we see red news, but the impact is not as big as any. Sometimes I see orange news, but it has a big effect on the market.
After being disappointed because they did not understand, many have started to ignore the news and trade as usual according to technical analysis alone. Suddenly did not realize that that day there was important news. Intention to scalping continues to be floating layer-layer. Frustrated. Is it normal to be like this?
Many forex traders do not want to differentiate between news which has a strong impact, which news is important, which news is short term effect, which news is long term effect, which news drives market sentiment. Some are wondering how to know the important news in the forex factory?
Ok, please read to the end, these tips I want to share...
Most of the important scheduled news is related to: -
-Interest Rates
-Employment data such as unemployment claim, payroll, earning
-Speech from Fed Chair, Governor of the Bank,
- CPI inflation
- GDP
This scheduled news is economic news scheduled for release that week. Different from geopolitical news such as elections, wars, and so on.
So if in the week, there are the following news, need to take note because it is the sentiment that moves the market during the week. Sometimes we see, certain pairs (major pair) do not move or sideways, all because they are waiting for the news to be released.
The most influential news in the market is a news related to "inflation". This is because inflation is the main focus of central banks that want to raise interest rates. So news that contributes to the rise and fall of inflation such as job data, salary data, jobless will have a stronger impact than news Manufacturing, GDP, and so on.
For the Euro, Yes that EUR fans need to take note. News-news data from the strongest German countries for the effect of the EUR movement. Because in the Euro, currently the largest holder of influence in the European economy is Germany. So if German news is scheduled to be available during the week, do not ignore it.
Another tip, if any data will be released during the week, you need to read a lot of what is commented by in KAKIFOREX.com - all have been reviewed in a compact and up to date when it is close to the day the news is announced.
All articles in KAKIFOREX.com in fact you will be easier to understand and can use this information for trading easily.
For those who are busy asking, why is the result news green but the price does not move and so on? Ok, continue reading below!
Tell the news Actual> Forecast = Good for currency.
Say previous data 50. Forecast data worth 60. And the news will be released on Wednesday. At the beginning of the week, you already see another strong like in the currency. This means, traders are reacting to the forecast data, they are acting on the forecast data (forecast).
Suddenly the data release is worth 61. So the value is more or less the forecast, and many traders have already anticipated and reacted to the data at the beginning of the week. This will result in no new expectations. A trader not surprise pun. So even though the color of the data coming out of Forex Factory is GREEN, but traders are not surprised.
As a result, there may be big traders starting to resell holdings in the currency because they are not surprised by the data that comes out that is not very good. So it will cause the currency to weaken quickly. So you should always watch the trader’s reaction at the beginning of the week.
This is why you see, why GREEN news, but the currency is weak. Hairan ni. Here is the answer.
Still, confused or misunderstood? Do not feel dizzy, angry, or upset. At KAKIFOREX.com is provided reviews of specific fundamental analysis according to the currency's almost daily trading.
Everything is written in easy-to-understand language style. So there is no need to worry. It is recommended that if you start learning about the news, you can start reading one by one review every week as well as daily articles and start from there.
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Why News In Forex Factory Red, But Sometimes It Has No Effect? The reason is Confirm Make You Surprised.
August 13, 2020
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