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Either way you got stoped out. Doesn't make any difference
very awesome, but I like the risk so I'm going before the news. lol
he was saying it will go up and when he found out its going down he change what he was saying pretending what he was predicting is correct!! give me a break man lol
Thanks thanks thanks Sir this was very very important to me ☺️
HI BROTHER I WANT CATCH THE MOVE BEFORE NEWS KINDLY SUGGEST ME SOME IMPORTANT ABOUT NEWS BEFORE NEWS I WANT CATCH BIG SPIKES ?😊
What's the period on that moving average?
Yep. News trading is so important. Great video!
dont try this with your own money, only demo account
this was helpful!
💯 helpful.
Actually this answered most of my questions
How do you tell whether there will be a Huge/Long spike or whether there is going to be a small/short spike on NFP ?
What information do you pay to ?
Thanks Nick. You're the best.
Making the video long for no reason. Lol.
Hi Nick, trust you well. What tool you using to write on your screen ?
Great content and well explained, thanks a mil Nick💪
20 years ago when I started my career as a forex dealer, things were a lot more wild than today, what Nick said at the beginning of the video did happen a lot. Like huge widen of spread and huge slippage during NFP or rate decision. Trading the high impact news event was basically suicidal. But in recent years things become a lot "calmer", so I think trading the news by putting in orders to buy/ sell right before the release can still work very well.
The key thing is you need a really good broker, a broker that have a track record of honoring your orders, seldom do slippage, and reasonable increase in spread right before the news. I do a lot of news trading myself using this "dumb" way as Nick put it, and doing pretty well. My broker at most "slip" me for a few pips to me is acceptable during news. Sure price would sometimes go one way and then chop back and forth and my stop you out, but it is what it is you take them as normal loss. But when it works, it works really well, and its not uncommon too.
So Is it a risky way of trading? Maybe it is compare to the more "normal" strategy. But at the end of the day, the most important thing in trading is not the strategy, its how you manage your account risk. Like ALWAYS PUT STOP LOSS, never put more than 1-2% per trade, do not take more than a trade per day, make sure you have a positive reward to risk ratio things like that.
Your strategy more sucks trust me. Many times its going further up or down
Couldn’t think of anything worse than putting a sell on after the news comes out as a buy, what a terrible idea🤣 silly
i think all the examples you are showing are opposite of results. watch closely. recommendable strategy
<(@dvnve dwcc@)>
is it fair to say that most entries in forex are on retests
Search for Gustavo Ventura Pmi
Sir the cloud of news from my mind thankyou so much ❤
TD365 keep their spreads fixed, even during major news. Use a broker who treats their clients well.
Please, what's the name of the red line indicator on your screen?
A lot of institutional traders would do exactly this, which is "risk event" trading. You can either trade into a risk event, or out of a risk event, which explains why the market trends heavily before a major news release, or retraces all the way back to the level from before the news was released. It depends on the figures that come out.
How can dudes provide tips like this and have 400K Subscribers
Thank you
If this guy knew how to trade, he would be rich.
Earlier high spike news candles blown my account many times. Thanks Nick after this video now I trade after high impacted news.
I’mmuna… what is I’munna? also, what is susssessfully?
Thomaskralow211 is the only man I have invested with and I got withdrawal without paying for it, I only invested $600 in return I got $3,800…
Very simple deposit only 10usd in brokers account before 10 mint ago news and place sell order lot 0.25 and buy order 0.25 lot
If market goes up buy order will active and if market goes down sell order will active
After active any order market will pull back then you should assume that your 10usd has gone😀😀
When i trade news
I do some strange things
I try to take one side either sell or buy news.
I place a sell or buy with a very tight stop loss. News always goes both ways is what ive seen.
More of a 50/50 trade.
Or before news is happening i place a trade in a direction and i will be in profit before news and put stops near breakeven and then i just see what news does. Works so i cant complain
Could you make a video explaining on how to combine all the news and come up with a clue 🔥
I said the same thing basically in a FX forum ('most of the time there is a reversal after the spike, which usuaally reaches back to 50% of the spike"), and I have been lauged at that I am only playing casino.
What time does news usually come out?
Your analysis is so dumb. 😩
and i've realised looking at this move on some charts, that the MACD and Stochastic tend to show the reversal just nicely when you showed the structure being broken into the reversal trend.
i'm new to forex, i have a swing trade strategy using, 3 indicators! (i need that precision right now to learn!) anyway, this seems very very common and I glanced at various charts myself to see just how common and wow wee.. looks impressive. I will definitely be back testing this and trying this out. thanks
There are no dummy starstegies in Forex btw. Every starategy have losses, embrace
Please show us elliot wave chart pattern free indicator