Trading Discussion Use data reporting to make money

Shen

New member
When you trade long enough, you can profit from the market news. The U.S. non-agricultural population data report is a good example of seizing the opportunity to create wealth.
In the monthly US non farm report, you can see that this report is down, so the dollar and gold have risen very well1633696693(1).png
 
I think using news to set up your trade is part of fundamental analysis ,but even if you are trying to make use of fundamental analysis , you must know the right time to make the trade , so you don't make the trade at the wrong time and end up with so much loss
 
Forex’s decentralization leaves necessity for selecting a broker, which serves as an intermediary. However, finding a reliable broker nowadays is really tough. A wrong selection of broker is never a good sign as we need to suffer a lot after a certain period of time. FXOpulence is an FSA-regulated broker allowing traders with more than 28 trading pairs and other facilities in moderation.
 
Top