Forex Strategy “Trading in the News” — developed specifically to trade Forex news with as little risk as possible. It can be used only for important Forex news releases such as U.S. GDP, non-farm payrolls and interest rate decisions. Although all currency pairs react on such news, the USD-based currency pairs show the best result.
- Trades will have fundamental background.
- Not very hard to set up.
- Important news events are quite rare.
- High volatility and spread widening during important news releases.