
So what can be done for this news confidence .This is the most important thought here .When day begins the following activity Which I personally do Such as
- Watching the economic calenders scheduled events,
- Trying to watch at least asian session ,we will discuss about session in other article
- Then trying to ensure any static news and development of uts currency majors or crosses in that pairs session
- Then For day trader it is really important to stick to media.
The experience behind the why we should stick to quickest news source is as follows ,
- We stay aware about the comments made by highly influence personalities,who’s words matters for the economy .
- When the comments comes from parliament or any interview then it itself becomes a news and source ,clue for the trader for markets next action.
This ia the main theme why we should stick to the news.
Lets continue the points
- Wath the pairs high low and current close price like how its developing on day charts etc.
By having above few points in mind we get a little advance grip over our news trading .
So overall a trader should be holistic thinker. Because trading has 80 % losing ratio we should try to think what rest 20% traders in their mind.
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