Do you think it is better to take position after news released?

 

Guys,

Is it profitable to take position after news released? What is the difference to trade ahead before the upcoming news?

 

No it is not safe to take positions just after news release I wait for some timw as 15 min to to 30 min , Because most of the people act blindly on news and market sudden changes its direction . A trader shold confirm trend and wait for some time to see either market is going according to the news or not.

Reason: