Forex News Trading Strategy In Tamil – India

There are many different types of Forex news trading strategy in market. We booked a good Profit on Forex News trading strategy in Tamil from India. Among all breakouts trading strategy plays a main role. It means placing a buy above and sell below orders during the news time. Hence there  are different types of Major Forex News. In this Article we will explain everything about.

There are 2 types of news that moves a market. This gives a high volatile in market. Once is CPI and another one is Interest rate. Consumer Price Index (CPI) it is released by major countries like USA, Canada, Australia, Switzerland & Euro. These are the powerful counties the moves the market with high volume.  Apart from CPI this countries release the Unemployment claims, GDP and more.

The traders can watch the news in Forex factory website. But before getting into the news trading, the traders should understand that trading news is very highly risk. If you are trading in a normal market situation, slippage will not affect you significantly. While trading in news it will, there will be more slippage during the news time. Now let’s get into the second major news that moves the market in high volume. The Interest rate is the second news that moves a market in high volumes.

For example let’s take Fed Interest rate as an example. The news will be release at 11.30 p.m Indian Time.  The forecast is 5.00% and we are waiting for change to 4.75%. It mean us dollar is Weak and the USD major pair will fall and USD Second pair will increase in price. E.g. the EURUSD Price will Increase and USDCAD Price will Fall. We also Develop a Robot Trading for Mt4 and Mt5 for Forex Market.