Forex most important economic factors in trading activity

[richardrapid83]

Share the most important economic factors in trading activity ?
What we should have in consideration?

 

[Dita Walczak]

Being away from risk management means being away from profit. Deducting risk is impossible because risk is inherent to a business but you can lower the level of risk. So, follow risk management policy to lower your risk and reap high return. All the facilities of FXOpulence broker are favorable for lowering risk.

 

[moonchild]

I think fundamentals generally are very important, like it can help you to make better decisions when planning your trade, because imagine getting into a trade and later finding out NFP is just around the corner and you get burnt quickly, now you have lost money and you're taking out of the market.

I think the most important factor to pay attention to is the interest rate, almost all banks release new reports about this, and also it can affect a currency movement, the next one is the unemployment reports it can also affect the price, you can go to forex factory to keep up with news.