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

Rizki Aditama | Sekolah Trading

27 Oct 202109:29

Summary

TLDRThis 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.

Outlines

00:00

📈 Understanding Market Movements with News

This paragraph discusses the importance of news in trading, particularly for intraday and scalper traders. It highlights that market movements in response to news can be significant and brief, lasting from 5 to 10 minutes or up to an hour. To avoid getting caught by stop losses, the speaker suggests checking news on forexfactory.com, ensuring the time zone matches the trader's location. The speaker explains how to filter news by impact on the market, cautioning that red news items require extra vigilance due to their potential to cause high market volatility. The paragraph also covers how to interpret news impact on specific currencies, such as AUD, CAD, and advising to avoid trading with CHF during significant news events. The speaker provides a step-by-step guide on using the website to filter and understand the potential market impact of upcoming news, emphasizing the importance of being cautious during news releases.

05:01

📉 Predicting Currency Movements Based on Economic Indicators

The second paragraph delves into using economic indicators to predict currency movements. It explains how to interpret news about unemployment claims and manufacturing indexes to forecast the strength of a currency. The speaker advises paying attention to 'less than forecast' and 'greater than forecast' outcomes, as they can signal whether a currency is likely to strengthen or weaken. The paragraph provides examples of how to anticipate market reactions to specific economic data releases, such as the US Dollar's response to changes in unemployment claims and manufacturing indices. The speaker also touches on the unpredictability of economic news, suggesting that traders should be prepared to close positions before news releases to avoid significant losses. The paragraph concludes with a reminder to review the video for clarity on understanding and predicting currency movements based on economic news.

Mindmap

Keywords

💡Trading

Trading in the context of the video refers to the act of buying and selling financial instruments such as currencies, stocks, or commodities in the financial markets. It is a core concept as the video discusses strategies to avoid losses during trading, especially in response to news events. The video emphasizes the importance of being aware of news that can cause significant market volatility, which is crucial for traders to manage their positions effectively.

💡Consolidation

Consolidation in trading terms is a period of price movement where the asset's price is fluctuating within a certain range. It typically follows a strong trend and indicates a pause or a digestion of recent price movements. The video mentions avoiding getting trapped in consolidation, which implies managing trades to prevent losses when the market is not showing clear directional movement.

💡Stop Loss

A stop loss is an order placed by a trader to close a trade at a specific price level to limit potential losses. The video discusses the risk of being 'stopped out' or having a trade closed due to reaching a stop loss level, which is a common occurrence if the market moves sharply against the trader's position. It suggests strategies to anticipate and avoid such situations, especially during periods of high volatility triggered by news.

💡Forex Factory

Forex Factory is a website mentioned in the video as a resource for traders to get economic calendar updates and news that can impact the forex market. It is used as an example of where traders can check the time zone settings, filter news by impact, and prepare for upcoming economic events that may affect their trading decisions.

💡Volatility

Volatility in financial markets refers to the degree of variation in the price of an asset over time. High volatility implies that the asset's price is subject to large fluctuations, which can be risky but also present opportunities for traders. The video advises caution during periods of high volatility, as these can lead to rapid and significant price movements that may impact trades.

💡Currency Pairs

Currency pairs are the quotation of the relative value of a currency unit against the units of another currency in the foreign exchange market. The video discusses specific currency pairs such as AUD/CAD, USD/CHF, and GBP/USD, indicating that traders should be aware of news affecting these pairs to make informed trading decisions.

💡Economic Indicators

Economic indicators are statistical measures of economic activity, such as employment rates, industrial production, and housing starts. The video provides examples of how specific economic indicators, like industrial production and capacity utilization rate, can influence currency values and market movements, which are crucial for traders to anticipate and react to.

💡Forecast vs. Actual

In the context of economic data releases, 'forecast' refers to the predicted value of an economic indicator, while 'actual' is the value reported when the data is released. The video explains that if the actual value is greater than the forecast, it is generally positive for the currency, and vice versa. Traders use these comparisons to make decisions on trade positions before and after data releases.

💡Market Impact

Market impact in the video refers to the degree to which a news event or economic data release affects the financial markets. The video categorizes news into different levels of impact, such as 'neutral,' 'low,' 'moderate,' or 'high,' to help traders gauge the potential reaction of the market and prepare their trading strategies accordingly.

💡News Filter

A news filter is a tool or method used to sift through economic news and events to identify those that are most relevant or significant to trading decisions. The video demonstrates how to use a news filter on Forex Factory to focus on news that have a high impact on the market, helping traders to manage risk and capitalize on opportunities.

💡Time Zone

Time zone awareness is crucial for traders as financial markets operate globally and are influenced by events in different regions. The video instructs viewers to ensure that the time zone setting on Forex Factory matches their location to accurately anticipate and prepare for news events that can affect trading.

Highlights

Importance of news in trading for intraday or scalpers due to significant short-term market movements

How to avoid getting caught in consolidation or stop loss by understanding news impact

Using forexfactory.com to check news and its impact on the market

Setting the correct time zone on forexfactory.com for accurate news timing

Filtering news by impact level to focus on significant market-moving events

Understanding the color-coded system for news impact: red, orange, and yellow

Advice on avoiding trading certain currencies during high-impact news releases

Example of how to read and anticipate market movements based on news forecasts

The significance of 'previous' and 'forecast' values in predicting currency movements

How to interpret 'actual is greater than forecast' and its effect on currency

Strategies for predicting market movements before the actual news release

The importance of being cautious during high volatility periods caused by news

Practical example of how to filter and interpret news for trading decisions

How to manage trading positions before and after news releases to avoid stop losses

The unpredictability of news impact and the need for risk management

Advice on how to handle news without a forecast or previous value

The influence of speeches by central bank officials on market sentiment

Encouragement to review the video multiple times for better understanding of news trading

Final thoughts on using news for trading and managing risk effectively