News consists of huge movements in a short period of time, so how can you trade with minimal risk? – Trading Strategy – May 26, 2024

adminMay 26, 2024

In the news, prices move very quickly from one point to another.

However, since that is not the case at all, we categorized the news based on the strength of its impact on the price.

So we have low impact, medium and high impact.

We’re just focused on the big impact. The most impactful news is (cpi – interest rates – nonfarm payrolls – employment rate of change).

Just focus on that news and leave the other news behind

cpi( aud -gbp -usd -chf- nzd – cad -jpy )

interest rate ( aud -gbp -chf- nzd – cad -jpy ) does not trade interest rates against USD. Volatility is very high, so we focus here on news that goes up or down in one direction.

Non-farm payroll for USD only

Accept the employment change rate for CAD and move well.

All right. You can exchange it and leave other news.

Don’t trade news about gold. Because gold could have a big drop.

Slippage, but what slippage means is when you click to buy at a price, but the trade opens very far away from the price you clicked on, resulting in a loss that occurs at the moment of posting.

So we avoid trading news on gold

Now I want trade news and I want a good movement, so (usd jpy for news from usd) and (eurnzd for news from eur and nzd) and (eur aud for news from aud) and (cad for news from eur cad) and ( eur chf for chf news)

and (GBP AUD for GBP news)

The pair makes a big move like 120 pips on a news minute, but if you pick gbpusd it will make 60 pips on the same news.

Now you know what I mean, but how do I trade those good numbers?

I CREATE EA FOR NEWS TRAPPER EA. You can use it but I want proof that EA works very well on my live account. The examples show how EA works on live and demo accounts.

It is located on the left demo account of EURAUD.

In the real account on the right for AUD USD

The news is CPI news for AUD.

let’s see what happens