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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.

  • #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

  • #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.

  • #14
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    News trading is very very risky.

  • #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

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