ℹ️ How to trade at major news events in the market.

Dear traders,
Greetings.

• How to manage news events.
  .. receiving questions that related to market news.

• Do you like and often wait for market news, or even hate it?
  -- more than 90% my students say yes.
  
  

  ".. Yes, but we often experience being trapped by economic news." ".. and then later the market often against me :'( " ".. often experience the mistake when the news arrives." ".. while I can't stop being interested in waiting for important news to come."
  "Let's see the news above, we have to buy EURGBP, right?"

• Yes, but we must keep in mind that the central banks, in the near term to BoE and ECB,
  and the FED will enter the market later.
  -- it will not be that easy to leave the price of the currency in a direction that is not desired by them.
  
  Because every direction where currencies go, can cause risk or impact for them in the future.
  
  Today on EURGBP, each of the BoE and ECB has an interest in the exchange rate of this currency.
  -- They both will still try to direct the value in the direction that is most beneficial for them.
  
  That is why -- this is not easy for followers like us, right?
Don't be confused, even after 5 hours of economic news is released,
-- we see that the GBP currency is still stronger than EUR.


Even though there have been negative numbers on economic news in the UK, 
that doesn't mean we have to keep buying EURGBP in any price at anywhere. 
-- We should give attention to today's stronger actual Support and Resistance in facing the news and
-- actual SR levels closest to ADJ (Avg Daily Jump) and ADF (Avg. Daily Fall). 

ℹ️ Did you know.
It needs something very extraordinary the price is able to break today's stronger resistance directly without correction. 
-- Then after that please give further attention to the MCS (Major Currency Strength) and MS (Market Sentiment)
-- as the trend after news was announced.







".. What should we do specifically if we want to face economic news in real-time?"



• Create a trade plan by following these steps :

1. In the option, please select Swing for trading style :
   
   
   
   
2. Select true for Jump and Fall level :
   
   
   
   
3. In the momentum of economic news,
   -- the most suitable strategy to be implemented is strong breakouts and reversals.
   
   Because today on EURGBP there are no strong breakouts notifications,
   then a reversal technique will able to be implemented :
   
   

   1. Choose the actual level of Resistance closest to the ADJ for sell-limit, -- including several actual levels above as a backup position, and 2. Choose the actual Support level closest to the ADF for buy-limit -- backed up by several actual levels below.

   
   Why is that?
   

   Because at the time of the news or speech being announced, -- no one knew for certain the price would go where, -- including spreads will certainly widen at that time. While each central bank is trying to maintain prices, -- the available opportunity is to wait in actual support and resistance    to catch movements at the time prices move up or down until reaches    a stronger SR. So on this momentum, we are advised to choose    today's stronger SR only.

   
   
   
   
4. Screenshot with description :
   
   
   
   * A similar situation, by choosing the actual Support closest to the ADF
   
   
   
   
   
5. The last question :
   
   

   "Unfortunately, it seems that I have no talent as a trader." ".. what is the most suitable way for me?"

   
   1. Please continue your life with available jobs that are suitable for you, and ⚠️ don't trade forex.
   2. or please wait for this month there will be an EA that can automatically analyze A2SR like a robot for forex.

Best regards,
wish you all the best this year.