Trading By Utilizing News? Can you?

News?
What the hell is that?
Is it useful when we are trading?
Fundamental analysis?
Is not technical analysis enough?
Sometimes questions like these arise in the minds of a novice trader.

Actually, what is fundamental analysis? Fundamental analysis is the things that represent the economy of a country in general. Usually, this analysis is represented by news (news) that repeated periodically and able to market at that time. Keep in mind the influence of these fundamentals are generally temporary, although sometimes can affect the trend in macro in the future.

Then trading by using news?
Can you?
Do not immediately believe with the strategy that trading by using news is easy and definitely profit. Many are advised to go in a few minutes before or after the important news. But the thing to remember is that the level of price volatility movements when the news is released and difficult to predict where prices will move so that sometimes trading news memorable profits or even lead to gambling. Many traders can make a big profit by trading when important news is announced. Many more have big losses for misinterpreting the meaning of the important news.

Then where can we see the news released?
You can easily get info about news from sources: www.fxstreet.com, www.bloomberg.com or the most commonly used is www.forexfactory.com. Here will authors attach examples of situations when news Non-Farm Payroll released:

Trading By Utilizing News?
Can you?
US Non-farm Payrolls data effect released on November 8, 2013, at 19.30 WIB to GBP / USD

How?
Impactnya really amazing right?
There are traders who take advantage of price fluctuations when the news is released. But there are also traders who distance themselves from this situation to reduce their trading risk. Make sure you understand the impact of the news before using this strategy. It is recommended to trade 15-30 minutes after the news release because the trend will be more clearly visible. If the trend is not clear, you better not trading.

Happy Trading.