Forex Trading 101: News-Based Trade
November 24, 2014
Last update: July 2021
Coach Matt from Tackle Trading discusses the Forex News-Based Trade. This is a trade where you can take advantage of an economic event in the forex market.
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This is one of my favorite trades
Matt,
Thanks a lot for coaching us on FOREX every week with great videos. Would it be possible to add a separate tab/group for FOREX and have all the videos posted under it? It will help us to refer the videos later when we need. Just a suggestion 🙂
Thanks a lot!!
Anytime 🙂
I am thinking about making some of those changes. You can type in FOrex into the search bar at the top and it will pull up everything related to forex
Great explanation on how to trade a news event in Forex. Going to try it on paper tomorrow! Thanks so much!
hey matt,
do you use trailing stop losses for these? if so, for the go-to-bed trade, about how much room do you allow for the trailing stop loss? what about for the news-based trades? or does it depend (on the currency pair, news, etc…)?
thanks in advance!