How to Trade Forex with News in Economic Calendar. In trading, especially Forex Trading or Currency (Forex) there are some popular trading techniques, such as Hedging / locking, Scalping, Elliot Wave, Averaging, Martingale, Trading Balance, Carry Trade, Technical Analysis, Fundamental Analysis and so on. We did not discuss one of these trading techniques, but we only discussed a trading technique that we have personally applied over the past few years and proved to be successful, the technique is a Fundamental Analysis Technique by utilizing the reading of a Forex News in the Economic Calendar.
We like this fundamental technique, given that most of the movements in the forex market are driven by the influence of News, and NOT by a technical analysis. You may observe the effect of news on the movement in the market. Before applying this way, then you should have a solid foundation first in Forex, learn the basic forex guidelines first and the calculation formula. Choose the right broker, and credible. Because this technique requires a qualified and safe broker. Because the movement of news is very fast and dynamic, so it requires a good broker. Choose a credible and properly regulated broker, so your trades can run CURRENTLY, SAFE and COMFORTABLE in applying a trading technique. Because if your brokerage company is not correct then as good as any of your trading techniques then it will not be perfect and not maximal in its application.