Trading News – Danger Navigation For Successful Pivot Trading

http://bit.ly/1XgMCYp Trading News – Dangers To Navigate For Successful Pivot Trading Nov. 24th 2015.

Trading News, And What To Watch Out For To Be A Successful Day Trader

Trading news is an important part of being able  to day trade the markets successfully. Successful day traders know that even simple basic trades at the open is not without risk. Many times success is solely dependent on being aware of your surroundings and who you are trading against.

Retail traders need to respect the heavy hitters and market movers. Every professional trader is aware of one thing. News that’s scheduled to be released and what potential impact it might have should they be in the middle of a trade.

Trading news and it’s implications is something that also needs to be mastered. It’s more than just glancing at the calendar. A comfortable understand of trading news and the times involved around a particular news event is imperative to anticipating what might be happening next on the charts.

Follow the link here to get a more detailed explanation on specific news events to watch out for. Just give them your email and a password and you can set your preferences and filters once and forget about them.

It would also be highly recommended to grab an account at Forex Factory to be able to benefit from their outstanding calendar of news events. If you aren’t aware of your surrounding, you could fall prey to a sequence of events that are most times very predictable. One thing leads to another and before you know it you are in deeper than you realized. An ounce of prevention is most times all that is needed with a simple heads up. Knowledge is power. Be prepared with what you need to know.

Trading News https://youtu.be/gzOOPLREbOs