I tried different ways, but eventually decided to trade on the news. When trading currency pairs it works out well, if you do everything correctly. There's an evident cause-effect logic. For example, the Reserve Bank of Australia publishes its decision on the interest rate and AUD is definitely going to react on that.
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Posted 02 October 2018 - 06:20 AM
It is correct, but how is it going to react? Again, too many influencing factors. This news doesn't exist just in a vacuum, it's surrounded by many other news which draw the national currency in different directions.
Posted 12 October 2018 - 07:47 AM
Yeah, and with some broker, when you trade on the news, the spreads can widen pretty significantly, there might be slippages and requotes.
Posted Yesterday, 07:18
I never noticed anything like that with forex optimum. Spreads widen but not significantly, and you almost don't notice it at all. I never got the requotes either.