How I Made $6898 In 10 Seconds Trading The NFP News Release | No BS, No Games, No Clickbait!
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What is scalping?
Scalping is a trading strategy designed to profit from small price changes, with profits on these trades taken quickly and once a trade has become profitable. All forms of trading require discipline, but because the number of trades is so large, and the gains from each individual trade so small, a scalper must have a rigid adherence to their trading system, avoiding one large loss that could wipe out dozens of successful trades.
Scalping relies on the idea of lower exposure risk, since the actual time in the market on each trade is quite small, lessening the risk of an adverse event causing a big move.
How to Actually Trade News?
The most common way to trade news is to look for a period of consolidation or uncertainty ahead of a big number and to trade the breakout on the back of the news. This can be done on both a short-term basis (intraday) or over several days. Let’s look at the chart in Figure 2 as an example. After a weak number in September, the euro was holding its breath ahead of the October number, which was to be released to the public in November.
In the 17 hours before the release, EUR/USD was confined within a tight 30-pip trading range. (A pip is the smallest measure of change in a currency pair in the forex market, and since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point.) For news traders, this would have provided a great opportunity to put on a breakout trade, especially since the likelihood of a sharp move at this time was extremely high.
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⚠️ NOT FINANCIAL ADVICE DISCLAIMER:
We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional. *
Видео How I Made $6898 In 10 Seconds Trading The NFP News Release | No BS, No Games, No Clickbait! канала Ndemazeah Godlove
GET A FUNDED PROP FIRM ACCOUNT NOW.
I Recommend This Prop Firm
🦁 Lionheart Funding Program LFP - Get $600K Max Allocation & Scale Up To $2.5 Million
👉 Get Account Here : https://lionheartfundingprogram.com/
🏆 Get My Complete Online Forex Trading Course Here: https://godloveuniversity.com/courses/
🤖 Get PATREX PRO Best Forex Robot Here: https://godloveuniversity.com/patrex-pro/
🏓 Join My Free Telegram Channel Now: https://t.me/ndemazeah
💰 Join My VIP Telegram Channel Now(3 To 7 Signals everyday): https://bit.ly/3tKdat5
RECOMMMENDED FOREX BROKERS
🏆 Looking for the Best Forex Broker?
I Use and Recommend These Brokers.
🧩 XM - #1 Best & Biggest Forex Broker In The World With Highest Volume.
👉 Sign up link: https://bit.ly/3tX28vY
🎖IC Markets - #2 ECN Forex Broker with Low Spreads
👉 Sign up here: https://bit.ly/2W38hd2
📧 Email For Business Enquiries: support@godlovegroupltd.com
❤️ Join My Free Discord Community Now!: https://discord.gg/YHfasZcmzc
📸 Follow My Instagram: https://bit.ly/3F8MzXq
----------------------------------------------------------------------------------
#Ndemazeahgodlove #godloveforex #forex #NFP #NFPlivetrading #nfpprofits #newtradinginforex #liveforex #forexstrategy #forextrader #forexnewstrading #forextrading #secretforexstrategy #forexmillionaire #forexcourse #forexlife #forexmoney #forexmentor #investing #scalping #forextips #crypto
----------------------------------------------------------------------------------
What is scalping?
Scalping is a trading strategy designed to profit from small price changes, with profits on these trades taken quickly and once a trade has become profitable. All forms of trading require discipline, but because the number of trades is so large, and the gains from each individual trade so small, a scalper must have a rigid adherence to their trading system, avoiding one large loss that could wipe out dozens of successful trades.
Scalping relies on the idea of lower exposure risk, since the actual time in the market on each trade is quite small, lessening the risk of an adverse event causing a big move.
How to Actually Trade News?
The most common way to trade news is to look for a period of consolidation or uncertainty ahead of a big number and to trade the breakout on the back of the news. This can be done on both a short-term basis (intraday) or over several days. Let’s look at the chart in Figure 2 as an example. After a weak number in September, the euro was holding its breath ahead of the October number, which was to be released to the public in November.
In the 17 hours before the release, EUR/USD was confined within a tight 30-pip trading range. (A pip is the smallest measure of change in a currency pair in the forex market, and since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point.) For news traders, this would have provided a great opportunity to put on a breakout trade, especially since the likelihood of a sharp move at this time was extremely high.
----------------------------------------------------------------------------------
⚠️ NOT FINANCIAL ADVICE DISCLAIMER:
We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional. *
Видео How I Made $6898 In 10 Seconds Trading The NFP News Release | No BS, No Games, No Clickbait! канала Ndemazeah Godlove
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