IS IT ENOUGH TO HAVE A NEWS FILTER IN THE TRADING ROBOTS TO BE SAFE?

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soubra2003
31847
soubra2003  
  • 29% (14)
  • 58% (28)
  • 12% (6)
Total voters: 48
Mohammed Mounir
1013
Mohammed Mounir  
what are the news filter?
soubra2003
31847
soubra2003  
Mohammed Mounir:
what are the news filter?
It is a connection to a news provider (Economic Calendar) to avoid trading (or to trade) at news time.

News are devided to three types, such as following:
- Low
- Medium
- High
High news examples: Unemployment rate, central bank president speach or FOMC...
Some of them are specially for a country (FOMC: USA) and some are for all (Unemployment rate)..


Thomas Werra
509
Thomas Werra  
A news filter is nice to have to avoid a lot of bad trades, but you shouldn't rely only on it as single safety feature. At least that's my opinion.
soubra2003
31847
soubra2003  
Thomas Werra:
A news filter is nice to have to avoid a lot of bad trades, but you shouldn't rely only on it as single safety feature. At least that's my opinion.
Yes of course Thomas
It is not enough to be safe even by news filter
..
What do you use with news filter to be more trustable?
Thomas Werra
509
Thomas Werra  
Mohammad Soubra:
Yes of course Thomas
It is not enough to be safe even by news filter
..
What do you use with news filter to be more trustable?
Several Indicators and common sense :)
anurag bhargava
558
anurag bhargava  
Nothing works better than news,no common sense would be common if u r not aware of what's going in any currency.
soubra2003
31847
soubra2003  
anurag bhargava:
Nothing works better than news,no common sense would be common if u r not aware of what's going in any currency.
Do you mean that you are trading on the News time?
anurag bhargava
558
anurag bhargava  
Mohammad Soubra:
Do you mean that you are trading on the News time?
Yes,i don't trade news,but definitely they are part of my strategy to put trade.
I trade on news time,catch sentiments flowing and then bingo.
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