Every Trading Method Known to Man and Beast? Right Here Baby!

Daytrading Before or After Economic Data Releases. (During? pls Start a different thread for that topic lol.)

"...‘News’ refers to economic data releases such as GDP and inflation, and traders tend to monitor such releases considered to be of ‘high importance’.

...moves tend to follow a ‘surprise’ in the data - where the actual data contrasts what was expected by the market - the good news here is that you don’t have to hold a PhD in Economics because our economic calendar already provides economist expectations.

Furthermore, news releases are set at pre-determined dates and times allowing traders enough time to prepare a solid strategy.

Traders that can effectively manage the risks of volatility, at the predetermined time of the news release, are well on their way to becoming consistent traders. "
https://www.dailyfx.com/forex/educa...esson/2020/02/11/how-to-trade-forex-news.html

trade around the news.png


https://www.dailyfx.com/forex/educa.../2020/02/12/trading-after-a-news-release.html

Search: trade around news release trading before after during
https://yippy.com/search?query=trade+around+news+release+trading+before+after+during
 
Design Your Trading System in 6 Steps
"...While it doesn’t take long to come up with a system, it does take some time to extensively test it."
https://www.babypips.com/learn/forex/design-your-trading-system

Building Trading Systems
"...Contrary to popular belief, your basic trading system only needs to be modestly profitable. A proper money management scheme designed to control your "bet size" can expand those meager profits substantially. Also, since human nature tends towards taking profits too soon and letting losses run too far, you need to be familiar with the market and not be emotionally caught up and then too afraid to follow your trading system's recommendations."
http://www.jurikres.com/faq1/trading.htm

delete ympg.jpg
 
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