Trading Around Financial News Release | Day Trading Strategy that Traders Need to Know

Trading Around Financial News Release | Day Trading Strategy that Traders Need to Know


trading into news or around news what to
expect when you are looking at the different news for day trading so my main website that i look at for my
day training and this is really important especially for futures when
you’re trading in the date for the day traders mainly i’m sure this is the same
when it comes to equities options for X the market moves a certain way and it’s
usually erratic when we have news happening so right here for X Factor
e.com is the best for me personally is one of the best sites where i can see
the different news that is happening so this is what happens when you open it up
right so this is obviously there’s a lot of stuff going on about the different
pairs for forex but this news is important for all open excuse me when you open up your website
when you open up the website you will have news from all countries right away
so because I trade the es mini in the futures which is the SMP 500 it’s a
index for me the most important news r us rights obviously if you’re trading
forex a lot of these other countries will definitely be important for you but
you can learn to filter out what is necessary you’ll go to filter and also
the yellow and the orange they are not very high impact weapon they usually
don’t make the market move as much as the red so I really like the right and
the great totally has no impact and it’s not even worth it so i uncheck those and
I do leave all of this here because the withdrawal of these pretty much are
important if it is a high-impact news piece since i only really want to look
at the US market I first uncheck all of them and then I
just check the USD and then i apply my filter so here for today i am seeing
that i have two important news pieces one is at 830am this is actually before
the market opens so it doesn’t really affect my my training whatsoever and
then there’s one at 11am so usually the news when if you are trading it’s
highly recommended that you stopped trading about 10 to 15 minutes
beforehand simply because there is a lot of indecision a lot of the traders and
big institutions that are part of the trading day our kind of sitting on the
sidelines waiting to hear what happens with the news so the market could do a
couple of different things it could be either completely sideways over very low
volatility and go down in movement is really slow it’s very indecisive and it
could be stuck in sideways or what happens is when news actually hits at
exactly 11 a.m. the market could just go bam bam bam all over the place either
way you do not want to be anywhere near there for me my golden rule my rule of
thumb i guess you could say I don’t enter the market 15 minutes before and I
give it another good ten minutes to 15 minutes for the market to settle down
sometimes news will do absolutely nothing but sometimes it could be five
minutes later so I just gave myself a pocket of 30 minutes 15 minutes before
in 15 minutes after normally the majority of the high-impact news all
begin around 9 45 a.m. eastern 10 a.m. eastern 1030am eastern or 11 a.m.
eastern this is usually the best time to watch
that the market is going to have some high-impact news and always always
always check the this website first or if you have another one that is as
powerful in detail when the news are coming out especially for high-impact
check make sure you check because trading into news will definitely stop
you out if not the first time that’s pure luck and you never want to feel
lucky you have to be prepared ok now there’s also one other news piece
and it is called the f omc and that is usually FOMC Wednesday’s it happens only
on a win so you need to make sure you find out which Wednesday it is and i usually comes out
around 2pm so technically and FOMC days a lot of traders are actually completely
finished trading by 11 30 or noon all together and then it becomes completely
indecisive very low volatility and when FOMC actually comes out it is so erratic
that it’s just almost dangerous to even enter so that’s my help my advice on
different news trading in and around news

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About the Author: Oren Garnes

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