What news do we need to focus on to profit?

Currency Anna 30 avril 2019 Affichages : 366

When we have a lot of choice sometimes it is hard to make a decision. But do not worry! I am here to help you!

Of course I cannot help you choose a car or a house. But I can help you choose what news to concentrate on in order to make a lot of money and BUY a lot of cars and houses so that you do not have to make a choice in the first place.

So. With a variety of news that we need to trade, what do we need to choose? Well, I would recommend concentrating on USD new.

Why USD?

Well, it is a reserve currency and in the forex market it is responsible for about 90 percent of all the trades. Now bad, right? So, we need to pay extra attention to the information on USD – NFP, FOMC, trade balance, CPI and retail sales – these are the five reports which can be accounted for the most violent movements of the couples involving USD.

But the thing is that USD is not the only sheriff in town. There are others.

And you know what currencies you should pay your attention to?

USD, EUR, GBP, JPY, CAD, CHF and AUD. And what do these currencies all have in common? That’s right! They all combine to creates the most liquid currency couples in forex market! That means that they are the most important currencies there are and that news on them are going to bring us a lot of info on the current state of events.

But. We do not want to be overloaded with news, do we. So, I really recommend THIS service right here. Once a day they publish an article on the most volatile asset so that when you come into trading you know exactly what to pay attention to.

Overall of course it is your choice what to focus on as it is your money at stake here.