How to Trade News - Forex Scalping Fundamental Strategy - Live Trading +$230 in 30 SECONDS - NFP ๐ด
Mar 26, 2024
How to Trade News - Forex Scalping Fundamental Strategy - Live Trading +$230 in 30 SECONDS - NFP ๐ด
How to trade the news? Is one of the most popular questions the new traders ask, the answer would rely on a solid Forex fundamental strategy that allows the trader to analyze the market, place a trade according to the major news occurring in the market.
Here are some of the major fundamental news that Forex traders need to consider:
Unemployment Rate
Gross Domestic Product (GDP) Growth Rate
Consumer Price Index (CPI)
Overnight Interest Rate
U.S. Nonfarm Payrolls (NFP) Data
Organization of the Petroleum Exporting Countries (OPEC)
Retail Sales
Purchasing Managers' Index (PMI)
It is important to learn how to trade news. Otherwise, you might be stopped out on your regular trade, learning how the Forex fundamental strategies work is essential especially if you are a scalpper.
The Fundamental analysis is also important in trading Stocks, Indices, Futures and the other type investment opportunities or asset management.
#Forex #NFP #Live_Market_Trading
Show More Show Less #Investing
#Commodities & Futures Trading
#Currencies & Foreign Exchange
#Brokerages & Day Trading
