Checking your browser before accessing currencynewstrading.com.This process is automatic. South Africa Reserve Bank Faces Tough Call Following Fed Rate HikeThe South African Reserve Bank (SARB) faces a tough call at the end of the month amid the diverging paths for monetary policy. Continue Reading. Trading the news can be very profitable if you can correctly guess which way price is going to tarding.
Price can often move newss or 40 pips very quickly on big news releases, but knowing which way its going to move is very much a gamble, so most traders do not trade the news, as its just too risky, and you often get stopped out, as price moves one way, and then the other. Most traders have experienced this whipsaw effect, when price goes up then down very quickly, or down thSimilar ThreadsHistorical News data and news trading 3 repliesHedge trading spieler system derived from futures spread trading 2911 repliesHedge Trading Indicator 10 repliesHedge Trading 37 repliesHedge trading 5 replies.
This trading strategy is based on taking advantage of high volatility in the market due to high impact red news. In this strategy, we open two trades on two different currency pairs which are known to be correlated (positively or negatively). For example, we open Long positions on both EURUSD and USDJPY a few seconds before a high impact red news in the hope that we will benefit from imbalance in the basket.
I have written an EA that makes it easier to trade this strategy. In nees nut-shell, it straddles news trading ea ea news com and you can set specific external variables such as the gap of the orders, expiration of orders, and a lot more features.