View Full Version : Forex bank rate?
fxnewbie
12-22-2007, 12:24 AM
sometime the rate of banks increase but the market go against it .. why
minibeginner
12-25-2007, 09:55 AM
Sometimes the market has already taken into account the bank rate increase (anticipated). So if the increase is not as much as anticipated, the market can react negatively.
Trading news is not as predictable as we would like..
Any traders here, have good strategies for news trading?
I suspect, news trading is dangerous, because the market can move suddenly, and can reverse direction quickly. So you have to adapt, you have to be fast, getting in and out quickly. Any other suggestions?
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