How to improve news trading strategy?

[desrthkun]

Hello, I'm new to this.I started learning Trading from Forex a few months ago and I burned my $ 1000 account.I was with FXPRO, which only allows 0.1 minimum lots, but I changed to Axitrader, which allows minimum lots of 0.01.I have read several strategies here, and I noticed that many people recommend operating in daily graphics with no more than 0.05 lots open at the same time, so I am testing that strategy.I have been a month and my current equity is $ 1100.I've also been trying news trading.I noticed that many news ads about the USD (such as unemployment rate, PMI, etc.

[ntttraCa2k3]

Be careful with news trading, since erratic movements and landslides can cause great losses, as you already experienced.Even if you have a configured stop-the altos, there is no guarantee that the position closes at that level.Often, you can face losses 2 or 3 times greater than the distance of your stop-loss.If you decide to continue with this strategy, do it with a lot of caution and small quantities.

[bbaSa18]

Record the news with a screen capture program so you can analyze those quick movements later.It also saves ticks data for review.Consider creating an EA (expert advisor

[desrthkun]

Thanks for the recommendations.I tried another trace last night for the announcement of non -agricultural jobs (NFP

[Tkhugesrcesy56]

Discard the 15 -minute graph to operate news.The price moves too fast, and that temporal frame does not show you enough information.Use a 1 minute graph.Your entrance was good, but you adjusted the stop for emotional, not logical reasons.Let the market show you when to leave, not your nerves.

[Jesktt71]

Some tools that can help you: use pending orders such as Buy Stop and Sell Stop before the news, about 15-20 pips above and below the current price.You can also try an EA specialized in news trading.These automate the process and can be useful to avoid manual errors.

[desrthkun]

Thank you all for the answers.I tried a 1 minute graph and achieved a gain of 292 pips in the unemployment announcement in Australia.I went short at 0.93301 and closed at 0.93009.Maybe I should have waited for a resistance to win more, but I'm still practicing nerves.

[desrthkun]

The announcement of US unemployment requests. UU. It was very difficult to operate yesterday.I lost 160 pips.I entered 1,32686, but the market never materialized the expected movement and was taken in 1,32846.

[Kesthyes12]

News trading can be useless in many cases.Often, the market has already discounted the news before they are published.Focus on the price action and avoid pursuing movements based solely on advertisements.Most of the time, it is a waste of time.

[oooooooTj]

Test operate GBPUSD and Audus for the news, since they usually have more defined movements compared to Eurusd.Configure Buy Stop and Sell Stop with adjusted distances before ads.Do it in demo first to practice.Once you are comfortable, you could try in a real account, but with small lots.

[yesyu333]

Your strategy seems solid in theory, but maybe your entries are too early.Wait for resistance or support to form before taking a position.News movements are unpredictable.Analyze previous patterns to adjust your timing and improve your success rate.

[desrthkun]

I have tried to adjust the SL as recommended, but it is still difficult to anticipate sudden movements.An additional advice to improve?

[oooooooTj]

Your problem is not the stop-loss, but you are trying to control something that you cannot predict.The news is volatile and chaotic;They are not the place for "precise" strategies.If you insist on operating news, use smaller lots and avoid moving the SL constantly.Learn to accept losses as part of the process.

[yesyu333]

Do you know what you are doing?Because it sounds like not.The news is like entering a jungle with a stick, waiting to tame a lion.If you want to continue with this, you might consider doing it in demo for a longer time.Not all traders are made to operate news, and that's fine.

[desrthkun]

Does anyone else use pending orders instead of entering manually during the news?

[kutoresto]

Yes, but the pending orders are not magical.They often get you out of landslides or quick movements.If you decide to use them, put them far enough to avoid traps, but near the range to capture the main movement.Everything is a matter of balance.

[NoTontes]

Of course, use pending orders!But be careful: if you place them too close, they will catch you the false ruptures;If you put them too far, you will lose the entrance.It is an art, not a science.Practice in demo until you find the ideal point for your trading style.

[desrthkun]

Sometimes it seems that the movements are deliberately.Is this paranoia or really happens?

[ka5nor1]

It is not paranoia, it is the market.During the news, the movements are usually manipulated by the great players to shake retail traders like you.It is common.The key is not to react emotionally.Learn to identify manipulation patterns and wait patiently until the "trap" is cleared.

[Narghak]

No, it is not paranoia.It is the market working against you because you, as a retailer, are the easiest white.The big players know where your stops are.The solution is not to obsess you, but to play a different game.Do not follow the pack, analyze beyond the obvious patterns.

[desrthkun]

Do you think that a completely automated strategy could help me avoid emotional mistakes?

[Testrushes]

Depends.Automated systems eliminate emotions, but do not guarantee success.If your strategy is defective, the EA will simply make the same mistakes faster.Before automating, make sure your system has solid foundations.If you can't operate it manually successfully, a machine will not.

[orrokesxuax]

Robots are not a magical solution.They can be useful, but you need to understand how they work and what they do in each situation.First dominate your strategy manually.Then, if it makes sense, consider automating it.But do not use an EA as a patch for a broken strategy.

[desrthkun]

Has anyone tried to combine technical indicators with news trading?

[axresy961]

Yes, but it is complicated.Indicators such as RSI or MacD can give you a general idea of ??the trend, but during the news, the movements are too fast to depend on them.If you want to use indicators, use them to confirm the direction of the movement after the first impulse, not before.That can give you an advantage.

[cibestrak]

The indicators are like Christmas lights: beautiful, but they will not save you in a storm.During the news, the price action is more important.That said, if you use indicators, keep it simple.A mobile mean to identify the trend can be enough.Everything else is noise.

[desrthkun]

I have read that some traders avoid the news completely.Is it a good idea?

[Tatus]

Absolutely.If the news is not your forte, it is better to avoid them.There are many ways to earn money in Forex without running the risk of the erratic movements of the ads.Focus on daily graphics or swing trading strategies.Less stress, more consistency.

[Teskoa]

Yes, avoiding news can be a great decision.You don't have to operate every important event to be a good trader.Remember, trading is a marathon, not a sprint.If the news is taking you out of your comfort zone and causing more losses than profits, you simply do not operate at that time.There are enough opportunities in the market without running behind each ad.

[desrthkun]

What do you think about using Ticks graphics instead of minutes to operate news?

[jesCin04]

Ticks graphics can be useful for capturing precise movements during the news, since they show each price change regardless of time.However, they can be overwhelming due to excess information.If you decide to use them, make sure you have a clear strategy and do not get carried away by each small movement.Mental clarity is key.

[Axrtes]

It is a good idea, but only if you have experience.Ticks graphics are very fast and can be confused if you are not accustomed to them.For a beginner, 1 or 5 minutes graphics are more manageable.Once you feel comfortable, you could experiment with those of Ticks.

[desrthkun]

Is it better to focus on a single pair during the news or diversify among several?

[yoha86]

Focus on one pair.During the news, the movements are sufficiently fast and chaotic to divide your attention by several pairs.Choose a pair with which you feel comfortable and have good liquidity, such as Eurusd or GBPUSD.Specialization will help you better understand your movements.

[SrBrixxa]

Diversify in several peers during the news is a recipe for disaster, especially if you are new to this.It is better to master a couple before trying to operate in several.In addition, each pair has its own "personality."Learn how your chosen pair reacts to different news before expanding your approach.

[desrthkun]

Do you think that fundamental analysis is more important than the technician in the news trading?

[jesvuorgiunoes1]

Definitely.In the news trading, the fundamental analysis Queen.You need to understand how certain data impact the market to anticipate movements.The technical analysis can complement your strategy, but the news is driven by fundamentals, not by patterns in the graphics.

[Sikess]

Both are important, but in news trading, the foundations have priority.If you don't know how to interpret economic data, you will be blindly operating.That said, the technical analysis can help you identify key levels of entry and exit.It is a good complement, but not the main approach.

[desrthkun]

Does anyone have experience using market feeling tools to operate news?

[Jesvuorhaxxy1234]

Yes, feeling tools can be useful, but they are not infallible.They often reflect what is already happening in the market, not what will happen.Use them as a guide, not as a rule.Combine them with your own analysis to make informed decisions.

[VuctraibSo]

The feeling tools are interesting, but not always reliable during the news, since the changes can be too fast to capture them in real time.If you decide to use them, be sure to complement them with other tools and never operate based only on them.

[desrthkun]

Is it worth practicing in demo for several months before operating news in a real account?

[oxxazess]

Absolutely!Practicing in demo is essential to understand the patterns of the news without risking real money.Learn how the market behaves and adjust your strategy before making the leap.But remember, the demo cannot completely replicate the conditions of a real account, especially in terms of landslides and executions during important events.

[NgaCwzostresdes]

Yes, but don't stay in Demo forever.Practicing is important, but eventually you will have to operate in a real account to experience the real market conditions.Start with a small account and minimal lots.So you can apply what you learned in demo without risking too much.

[desrthkun]

Is there any economic calendar that you recommend to follow important news?

[jora.82]

The Forex Factory calendar is one of the most popular and easy to use.Show the news by impact, country and time, which is perfect for planning your trading.You can also try investing.com or myfxbook.The important thing is that you find one that is accurate and updated.

[essTuresNes]

I use the Forex Factory and that of Dailyfx.Both are excellent and have options to filter the news according to their relevance.Choose one that adapts to your needs and configures alerts so as not to lose the key events.

[desrthkun]

What strategies do you recommend to handle emotions during news trading?

[CessesCisucesSradruga]

Define your risk and objective levels before the news occurs.If you know exactly how much you are willing to lose or win, it will be easier to control your emotions.Also consider to close your platform after opening the operation.Sometimes, observing each movement only generates unnecessary anxiety.

[EsnTknua2605]

Emotions are the greatest enemy of trader.Practice discipline: do not change your plan at the last moment and avoid overcoming after a loss.Remember that the news will always be unpredictable.Accept that losing is part of the game and continues without obsessing.

[desrthkun]

What do you think about using Trailing Stops instead of a fixed SL during the news?

[RibonsuSves]

Trailing Stops can be useful to maximize profits during fast movements, but they can also get you prematurely if the market goes back a bit.Try different demo settings to see if they adapt to your trading style.Not all markets or strategies benefit from Trailing Stops.

[JosisTkrrosB]

It is a good idea, but use it with caution.During the news, sudden movements can activate your Trailing Stop before the market continues in your favor.If you decide to try it, configure an adequate distance to avoid getting too early.It is a matter of trial and error.

[Evan joseph]

To improve a news trading strategy, focus on understanding key economic indicators and their market impact. Use a reliable economic calendar, plan entries and exits around scheduled announcements, and practice risk management with tight stop-losses. Stay calm, avoid impulsive decisions, and backtest your strategy on historical data.