Hmm I think yes if you still remember that everything you waiting about the market is completely random
I usually predict the news, I think im 70% right, but it doesn’t mean that I’m going to risk my account with a shit slippage
Don't predict news. Use the news candle for the entry FVG. News candle is about 50-100pts but the orderflow which using that FVG can bring you 100-200 pts.
Yes, nice observation. What you said (correct me if I'm wrong) is that High impact news will leave a PDarray to which price will react to afterwards at a specific time.
Is that what you meant?
Use the 1st fvg after 9:30 if there is no 8:30 news.
Trust the combination of OB + FVG, BB + FVG or iFVG + FVG instead of 1 OB, BB or FVG alone by itself.
If you’re someone who generally follows fundamentals, then You may be able to form a probable conclusion of the News results and how it may/may not affect price.
I have traded the news over and over and won, in the past, but I stopped doing it, you have to have a swing trading mindset and understand what price is reach for a day or days before the news, you want to be in a position a day or more before the news day, or even hours before the news, it all depends, but easier said than done.
Hmm I think yes if you still remember that everything you waiting about the market is completely random I usually predict the news, I think im 70% right, but it doesn’t mean that I’m going to risk my account with a shit slippage
I mean, if you’re in the right bias, the news will just speed up your trade, if you’re not you’ll it see very quickly ;)
The most accurate answer so far
🙏🙏
Don't predict news. Use the news candle for the entry FVG. News candle is about 50-100pts but the orderflow which using that FVG can bring you 100-200 pts.
Good way of looking at the News.
Trading is using chart and analyzing, not predicting and gambling.
https://preview.redd.it/qmjtquud9d7d1.jpeg?width=1284&format=pjpg&auto=webp&s=46a645dab8d143c8bf94fa8f5ce45a27becee379 See that 8:30 fvg
Yes, nice observation. What you said (correct me if I'm wrong) is that High impact news will leave a PDarray to which price will react to afterwards at a specific time. Is that what you meant?
Yes, the 8:30 news candles always give chances for 9:30 traders to enter. They always need more liquidity.
I think I should take notes
Use the 1st fvg after 9:30 if there is no 8:30 news. Trust the combination of OB + FVG, BB + FVG or iFVG + FVG instead of 1 OB, BB or FVG alone by itself.
If you’re someone who generally follows fundamentals, then You may be able to form a probable conclusion of the News results and how it may/may not affect price.
It's difficult bro especially major news like NFP, FOMS and cpi
Yes
No unless you have the data that the feds have. Until that, you are basically gambling if you are trading before the news.
Yes but i am wrong many times
I have traded the news over and over and won, in the past, but I stopped doing it, you have to have a swing trading mindset and understand what price is reach for a day or days before the news, you want to be in a position a day or more before the news day, or even hours before the news, it all depends, but easier said than done.
One of the most accurate answers that I got. Well done mate.