25-90 pip move in minutes (Pip - The smallest increase in change in a currency amount, either up or down), often at the time that takes place every week or even days.
To see press release of the economic calendar.
Press Release Important easily cause significant movements in the market.
; Gross Domestic Product; Employment growth? Decisions on interest rates? Reports and inflation? The trade balance.
But not if the depth follow these announcements New groping blindly, for he is truly a very dangerous trade.
The forex trading advice is to wait until the appropriate messages based on the indicators. Do not hurry and don `t go only guess what direction the market! It can take up to half an hour to do the right messages. Of course, you can not wait even for minutes. Now you have your best entry point. And always remember that the market is not so much that the new move, but the reaction of market participants on the message.
It is good to wait for a purchase order for a few hours of rest. Now the market awaits news and news after the announcement that it will start to move in the direction of trade.
You can also expect that the gaps are back to normal. But the market to reveal a much faster pace, in what direction it needs. Try to decide on the direction of the market by the end, with little trade guesses.
A good advisor forex, you should know about this: Do you stop-loss orders now in circulation. Due to the widening of spreads, you can find on the market with a big loss. The loss of 10 pips and stop digging away at 12 is too narrow, for example.
Forex things happen very quickly when the news will be announced. It's simple and it is a normal thing that one is not until a few more lots available to cover (there are too many people to buy now). The automated Forex Trading in a better position in this field.
You'll notice that each strategy requires time and practice.To well, should develop a sixth sense for the proper use of the index.
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