Trading forex menggunakan Fundamental (News) di forex factory : winrate tinggi

Summary

This video script offers trading insights, emphasizing the significance of news in impacting short-term market movements. It guides viewers on how to use forexfactory.com to filter and assess news impact, focusing on high-impact news to avoid trading pitfalls like stop losses. The tutorial explains how to interpret economic indicators, such as industrial production and unemployment claims, to predict currency movements. It also covers anticipating market reactions to news, using examples like the US Dollar's response to economic data. The script serves as a practical guide for traders to navigate market volatility during news releases.

Takeaways

• 🕒 Trading during news releases requires careful timing to avoid being caught in consolidation or stop losses.
• 🌐 Forexfactory.com is recommended for checking economic news and its potential impact on the market.
• ⏰ Ensure your time zone is set correctly to match your location when using Forexfactory.com.
• 🔍 Use filters on Forexfactory.com to focus on news with significant market impact, indicated by colors like red or orange.
• 📉 Be cautious with currencies mentioned in news that could lead to high volatility and rapid market movements.
• 📈 Understand the difference between 'greater than forecast' and 'less than forecast' for currency movements.
• 📊 Keep an eye on both the actual and forecasted values of economic indicators to predict market reactions.
• ⏱ News impact can last from 5 to 10 minutes or even up to an hour, so be prepared to act quickly.
• 🚫 Ignore news that is not significant or marked as 'neutral' to avoid unnecessary distractions.
• 📈 Predict market movements ahead of actual news releases by analyzing previous and forecasted data.
• ❗ Be prepared to close positions before significant news releases to avoid potential stop losses.

Q & A

What is the importance of news in trading, especially for intraday or scalper traders?

News is crucial for intraday and scalper traders because market movements in response to news can be significant within short time frames, such as 5 to 10 minutes or up to an hour. Being caught unaware by news can lead to stop loss triggers.

How can traders avoid getting caught by news that might trigger stop losses?

Traders can avoid getting caught by staying informed about upcoming news events and their potential impact on the market. They can use websites like forexfactory.com to filter news based on impact and relevance to their trading pairs.

What is the first step a trader should take when using forexfactory.com to filter news?

The first step is to ensure that the time zone on forexfactory.com matches the trader's local time zone to accurately track news releases.

Why is it important to filter news by impact on forexfactory.com?

Filtering news by impact helps traders focus on news that could significantly affect the market volatility and price movements, thus allowing them to prepare their trading strategies accordingly.

What does the color coding of news (red, orange, yellow) indicate on forexfactory.com?

The color coding indicates the potential impact of the news on the market: red signifies high impact, orange indicates moderate impact, and yellow suggests a less significant impact.

How can traders use the 'previous' and 'forecast' values on forexfactory.com to predict market movements?

By comparing the 'previous' values with the 'forecast', traders can anticipate the market reaction. If the actual result is greater than the forecast, it's generally positive for the currency, and if it's less, it could be negative.

What should traders do if there is no 'forecast' or 'previous' value available for a news release?

In the absence of a forecast or previous value, traders may need to rely on other market analysis or wait for the actual news release to gauge its impact on the market.

How can traders use the information about unemployment claims in their trading strategy?

Traders can use unemployment claims data to predict currency strength. If the actual unemployment claims are less than forecasted, it's generally positive for the currency, and if they are greater, it's negative.

What is the significance of the 'greater than' and 'less than' forecast indicators in trading?

The 'greater than' indicator suggests that the actual data is better than expected, which is typically positive for the currency, while 'less than' indicates the opposite, which is generally negative.

How can traders prepare for news events that might cause significant market volatility?

Traders can prepare by closely monitoring news events, adjusting their positions accordingly, and potentially closing positions before the news release to avoid unexpected market movements.

Why is it important for traders to manage their positions around news times?

Managing positions around news times is important to avoid being caught in large market swings that can lead to stop losses. It allows traders to control risk and potentially re-enter the market after the news impact has been factored in.