Trading News
What are "major news events",when do they happen & where do I find this information?
- major news or red fold events are when high impact information releases occur.
Should we only trade news events?
- No, currency pairs are moving every hour that the market is open, you don't need to wait for news events to trade.
Are there different types of impact events?
- Yes. Low, Medium & high impact. The higher the impact, the more it is expected to move.
ForexFactory.com Explained
- The important information is the Date, Time, and Currency pair. With those 3 bits of information, you'll be more equipped to have a successful trade.