Trading forex can be based on technical indicators from the charts or on pure forex news releases. Major news affairs and economic data make huge impact on currency movements and ignoring new releases sounds like a big mistake. However, a lot of traders choose not to include in their forex news analysis. Why is news trading more difficult then it sounds? What are the reasons for traders to stay away from news trading?

Forex news trader makes his trading decisions based on news releases data. Forex market is available 24 hours a day with 8 major currency pairs and over 17 derivatives. The currency movements are effected by economic news releases on a daily basis, and therefore are making it possible