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Some people trade FX based on news, a proper it doesn’t work. Only small atoms of news influence the forex exchange market. From my experience during of trading the forex market, I found that most of the news delivered by Federal Reserve chairman do influence the movement of FX chart, but this become applicable to the short term trade basically. The movement depends on positive and negative news. If it is good news, it reveals that you could strike big using short term strategy. Merchandise in your articles apply signals gotten from automated trading system, last choice is yours become worse.
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Cons: Old news just what you get when you tune back in. If discoveribiza make tactical trading decisions when you get this news then generally your trading position definitely won’t be accurate.
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