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  1. #11
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    I don't know why the author should trade on the news at all, I think it's very risky idea first of all because of the high spread, second of all because of the market's unpredictable behaviour during the news.

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  3. #12
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    Trading the news can be quite risky but there can be big rewards when the price moves 50 pips in a couple of seconds. So difficult to get a good broker though (hence the thread). I have used HotForex around news time with moderate success

  4. #13
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    Quote Originally Posted by Pedro Marіa View Post
    I don't know why the author should trade on the news at all, I think it's very risky idea first of all because of the high spread, second of all because of the market's unpredictable behaviour during the news.
    Spreads and execution is a part that a broker should deal with. News time give you a trading edge as you know precise time when the action starts, the problem is only to give it right interpretation.

  5. #14
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    News trading is very very risky.

  6. #15
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    Quote Originally Posted by dannydon786 View Post
    News trading is very very risky.
    Risky but extremely rewarding. Whipsaws are main enemy, I found solution for slippage but market manipulations or getting around with it is out of control

  7. #16
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    I'm trading on Forex for several years and had many different brokers. I got an advice to try Amarkets from a friend, and didn't regret. Good company with solid trading conditions.

  8. #17
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    There is this new broker company called Exclusive Capital. I've been trading with them for a couple of months now and they have very good fundamental and technical analysts. Their head analyst is a veteran trader with more than 25 years of experience whom I personally met, so I think you should give them a try. Check out their website.

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