News Makes the Forex Market Move

Forex News

It’s not enough to only know technical analysis when you trade. It’s just as important to know what makes the forex market move.

Just like in the great Star Wars world, behind the trend lines, double tops, and head and shoulder patterns, there is a fundamental force behind these movements. This force is called the news!

To understand the importance of the news, imagine this scenario (purely fictional of course!)

Let’s say, on your nightly news, there is a report that the biggest software company that you have stock with just filed bankruptcy.

What’s the first thing you would do? How would your perception of this company change? How do you think other people’s perceptions of this company would change?

The obvious reaction would be that you would immediately sell off your shares. In fact, this is probably what just about everyone else who had any stake in that company would do.

The fact is that news affects the way we perceive and act on our trading decisions. It’s no different when it comes to trading currencies.

There is, however, a distinct difference with how news is handled in the stock market and the forex market.

Let’s go back to our example above and imagine that you heard that same report of the big software company filing bankruptcy, but let’s say you heard the report a day before it was actually announced in the news.

Forex News Trading

Naturally you would sell off all your shares, and as a result of you hearing the news a day earlier, you would make (save) more money than everyone else who heard it on their nightly news.

Sounds good for you right? Unfortunately this little trick is called INSIDER TRADING, and it would have you thrown in jail.

Martha Stewart did it and now she has a nice mug-shot to go along with her magazine covers.

In the stock market, when you hear news before everyone else it is illegal. In the forex market, it’s called FAIR GAME!

The earlier you hear or see the news, the better it is for your trading, and there is absolutely no penalty for it!

Add on some technology and the power of instant communication, and what you have is the latest and greatest (or not so greatest) news at the tip of your fingers.

This is great… Uhmmm… “news” for retail traders because it allows U.S. to react fairly quickly to the market’s speculations.

Big traders, small traders, husky traders, or skinny traders all have to depend on the same news to make the market move because if there wasn’t any news, the market would hardly move at all!

The news is important to the forex market because it’s the news that makes it move. Regardless of the technicals, news is the fuel that keeps the forex market going!

新闻的重要性

       当您在做交易的时候,光只是懂得技术性分析是不够的。知道是什么在推动市场,也同样很重要。
   Trading The News 新闻交易 1
       就像在伟大的Star Wars世界一样,在隐藏所有的趋势线、双顶、头与肩等等的形态背后,有一种原始的自然原动力,这种原力就称为 新闻数据

       为了更好的理解新闻数据的重要性,请试着想象以下这种情况(当然是纯属虚构!)

       比方说,在您的晚间新闻中,有一条报道说,您持有的股票中,一家最大的软件公司刚刚申请了破产。

       什么是您可能会做的第一件事?您对这家公司的看法会有何改变?您怎么看待其他人对这家公司的看法?

       最明显的反应应该是,您会立刻抛售手上的股票。实际上,这可能是每个拥有该公司股份的人,都会做的事。

       事实就是,该新闻影响了我们的认知,和我们在交易时的决策行动。这种情况在交易货币时,也是一样的。

       虽然是这样,但是处理新闻的方式,股票市场和外汇市场,有着显著的差异。

       让我们回到上面的例子,并想象一下您刚听到一家最大的软件公司申请破产。但是这时,您是在它实际发布新闻的前一天听说的。
Trading The News 新闻交易 2         理所当然您会卖掉所有的股票,而且由于您是早一天听到消息的,你会比那些在晚间新闻里,听到这则新闻的人赚(省)更多的钱。

       这个消息听起来,对你而言很棒吧?但不幸的是,这个小伎俩就是所谓的 内情交易,这种方式将会让您被扔进监狱的。

       著名的女亿万富豪Martha Stewart就这样做了,现在她有了一个漂亮的大头照,放在她的杂志封面。

       在股票市场上,如果您比其他人更早的听到新闻消息,这是种非法的行为。但在外汇市场上,这是所谓的 公平游戏!

       您越早听到或看到新闻消息,就越有利于您的交易,并且绝对不会受到刑罚。

       添加一些新的技术,和优越的即时通信工具,让你在弹指间就可以获得最新,或最棒的(也许并不值那么棒)新闻。

       “新闻”是非常棒的….呃….对于散户交易者来说,因为它使我们对市场的投机情况,可以迅速的做出反应。

       大型交易者们、小型交易者们、大方交易者们,还是吝啬的交易者们,都依靠同样的新闻来推动市场。所以如果没有任何新闻,那市场就几乎不会有走势了。

       对于外汇市场来说,新闻非常的重要。因为新闻造成市场的移动。抛开技术性因素,新闻是保持市场不断移动的燃料!

Be Careful Trading the News

Why trade the news?

The simple answer to that question is “To make more money!”

But in all seriousness, as we learned in the previous section, news is a very important part to the forex market because it has the potential to make it move!

When news comes out, especially important news that everyone is watching, you can almost expect to see some major movement. Your goal as a forex trader is to get on the right side of the move, but the fact that you know the market will most likely move somewhere makes it an opportunity definitely worth looking at.

Dangers of Trading the News

As with any trading strategy, there are always possible dangers that you should be aware of.

Here are some of those dangers:

Because the forex market is very volatile during important news events, many dealers widen the spread during these times. This increases trading costs and could hurt your bottom line.

You could also get “locked out” which means that your trade could be executed at the right time but may not show up in your trading station for a few minutes. This is bad for you because you won’t be able to make any adjustments if the trade moves against you!

Imagine thinking you didn’t get triggered, so you try to enter at market… then you realize that your original ordered got triggered! You’d be risking twice as much now!

News can cause slippage

You could also experience SLIPPAGE.

Slippage occurs when you wish to enter the market at a certain price, but due to the extreme volatility during these events, you actually get filled at a far different price.

Big market moves made by news events often don’t move in one direction. Often times the market may start off flying in one direction, only to be whipsawed back in the other direction. Trying to find the right direction can sometimes be a headache!

Profitable as it may be, trading the news isn’t as easy as beating Pipcrawler at Call of Duty. It will take tons of practice, practice and you guessed it… more practice!

Most importantly, you must ALWAYS have a plan in place. In the following lessons, we’ll give you some tips on how to trade news reports.

为什么使用新闻数据来交易

       回答这个问题的简单答案是“为了赚更多的钱!”

       但严肃的说,就如我们在前一课所学的,新闻是市场一个非常重要的部分,由于它具备了推动市场的潜力。

       当新闻发布时,尤其是哪种每个人都关注的重要新闻,您可以预见将会出现一些大的波动。作为一个交易者,您的目标就是在这个大波动中,站在正确的一边。但实际上,您通常已经知道市场最有可能移动的方向,这使得新闻的发布,绝对是值得注意的交易机会。

新闻交易的危险性

       就像其他的任何交易策略一样,新闻交易也总是存在着风险,这是你应该注意到的。

       下面就是一些相关的危险:

          1. 因为市场在发布重要新闻事件的时段,常会出现巨大的波动,所以 很多的经纪商商会在这些时段,
              扩大交易的点差
。这就会提高了交易的成本,并可能危害到您的底线

          2. 您也可能“被困在外面”,也就是说您的交易,已经在那个时刻被执行了,但是迟滞了几分钟的时间,
              才显示到您的交易平台上。这显然对您来说是非常不利的,因为如果市场的走势,
              突然与您的交易相反时,您是无法对其进行任何调整的。

              试着想想一下,如果您以为之前的订单没有被成交,然后你试着再次进入市场。。。突然您发现之前的订单被成交,
        并显示在交易平台上!此时,您所面临的风险,突然扩大成两倍了。
   Trading The News 新闻交易 3
          3. 您也可能会遇到“滑点”的情况。滑点是指,当您希望以某个价格进入市场时,
              由于在那时段中的极端波动,你最后得到一个差蛮多的成交价。

       新闻事件所引发的市场大波动,通常不会呈现单边的走势。很多时候,市场可能一开始就像飞机一样,朝着一个方向飞去,然后就往其他方向飞上飞下。试图要找出正确的趋势方向,有时对交易者是一件头痛的事情。

       新闻数据的交易是有利可图的,但它并不像在玩连线游戏Call of Duty时,击败我们的朋友Pipcrawler一样的简单。新闻交易是需要大量的练习、练习,以及…让您猜猜是什么…还是更多的练习!最重要的是,您必须 始终有 一个周密的计划。在接下来的课程,我们会为您提供一些,如何交易新闻数据的提示。

Which News Releases Should I Trade?

Before we even look at strategies for trading news events, we have to look at which news events are even worth trading.

Remember that we are trading the news because of its ability to increase volatility in the short term, so naturally we would like to only trade news that has the best forex market moving potential.

While the markets react to most economic news from various countries, the biggest movers and most watched news comes from the U.S.

The reason is that the U.S. has the largest economy in the world and the U.S. Dollar is the world’s reserve currency. This means that the U.S. Dollar is a participant in about 90% of all forex transactions, which makes U.S. news and data important to watch.

With that said, let’s take a look at some of the most volatile news for the U.S.

 

Most volatile news reports in the forex market
In addition to inflation reports and central bank talks, you should also pay attention to geo-political newssuch as war, natural disasters, political unrest, and elections. Although these may not have as big an impact as the other news, it’s still worth paying attention to them.

 

When our economic guru Forex Gump is in a good mood, he usually releases a Piponomics article on upcoming news reports that you can play and with trade strategies to boot! Check out some of his articles of this sort:

Also, keep an eye on moves in the stock market. There are times where sentiment in the equity markets will be the precursor to major moves in the forex market.

Now that we know which news events make the most moves, our next step is to determine which currency pairs are worth trading.

Because news can bring increased volatility in the forex market (and more trading opportunities), it is important that we trade currencies that are liquid. Liquid currency pairs give us a reassurance that our orders will be executed smoothly and without any “hiccups”.

  1. EUR/USD
  2. GBP/USD
  3. USD/JPY
  4. USD/CHF
  5. USD/CAD
  6. AUD/USD

Did you notice anything here?

That’s right! These are all major currency pairs!

Remember, because they have the most liquidity, majors pairs usually have the tightest spreads. Since spreads widen when news reports come out, it makes sense to stick with those pairs that have the tightest spreads to begin with.

Now that we know which news events and currency pairs to trade, let’s take a look at some approaches to trading the news.

 

什么新闻值得交易?

       在我们找到新闻交易策略之前,我们需要知道,那些新闻事件时值得交易的。

       记住,我们进行新闻交易是因为,新闻公布后市场的波动性会明显增加,所以,我们自然只会交易那些最能引起市场波动的新闻。

       尽管外汇市场对不同国家公布的绝大多数经济新闻会做出反应,但是,对市场造成最大影响,且关注度最高的新闻还是来自美国。

       原因在于,美国是全球最大经济体,而且美元是全球储备货币。这意味着在全球外汇交易中,90%涉及到美元交易,这使得来自美国的新闻和数据颇为值得关注。

       现在,就让我们看看美国方面能够引起市场最大波动的新闻和数据吧!

  Trading The News 新闻交易 4

       除了通胀报告和央行官员讲话之外,你也应该地缘政治方面的新闻保持高度警惕,比如说战争、自然灾害、政治动荡以及大选等。尽管这些新闻可能不会像其他重要新闻那样引起市场巨大波动,但是,我们仍然需要对这些新闻给予重视。

       同时,我们也需要对股票市场走势保持关注。很多时候,股票市场的情绪会成为外汇市场走势的先导。

       既然我们已经知道了哪些新闻事件会导致外汇市场的最大波动,我们下一步就是确定哪些货币对是值得交易的。

       由于新闻会给增加外汇市场的波动性,并制造更多的交易机会,我们所交易的货币具有流动性十分重要。具有流动性的货币能够让我们确信,我们的定单能够被顺利执行,并不会出现卡壳情况。

          1. 欧元/美元

          2. 英镑/美元

          3. 美元/日元

          4. 美元/瑞郎

          5. 美元/加元

          6. 澳元/美元

       在这里你注意到一些问题吗?

       是的,这些货币对都是主要货币对!

       记住,由于这些货币对所具备的流动性最大,交易它们的点差通常也最低。由于在新闻或报告出炉后进行交易,点差会扩大,我们从这些具有最低点差的货币对开始交易非常有必要。

       现在,我们知道了哪些新闻事件和货币对可以进行交易,在下节课中,我们将重点学习,如何交易新闻。

2 Ways to Trade the News

There are two main ways to trade the news:

a) Having a directional bias

b) Having a non-directional bias

Directional Bias

Having directional bias means that you expect the market to move a certain direction once the news report is released. When looking for a trade opportunity in a certain direction, it is good to know what it is about news reports that will cause the market to move.

Consensus vs. Actual Number

Several days or even weeks before a news report comes out, there are analysts that will come up with some kind of forecast on what numbers will be released. As we talked about in a previous lesson, this number will be different among various analysts, but in general there will be a common number that a majority of them agree on. This number is called a consensus.

When a news report is released, the number that is given is called the actual number.

“Buy the rumors, sell on the news.”

This is a common phrase used in the forex market because often times it seems that when a news report is released, the movement doesn’t match what the report would lead you to believe.

For example, let’s say that the U.S. unemployment rate is expected to increase. Imagine that last month the unemployment rate was at 8.8% and the consensus for this upcoming report is 9.0%.

With a consensus at 9.0%, it means that all the big market players are anticipating a weaker U.S. economy, and as a result, a weaker dollar.

So with this anticipation, big market players aren’t going to wait until the report is actually released to start acting on taking a position. They will go ahead and start selling off their dollars for other currencies before the actual number is released.

Now let’s say that the actual unemployment rate is released and as expected, it reports 9.0%.

As a retail trader, you see this and think “Okay, this is bad news for the U.S. It’s time to short the dollar!”

However, when you go to your trading platform to start selling the dollar, you see that the markets aren’t exactly moving in the direction you thought it would. It’s actually moving up! What the heck! Whyyyyyy??

This is because the big players have already adjusted their positions way before the news report even came out and may now be taking profits after the run up to the news event.

Now let’s revisit this example, but this time, imagine that the actual report released an unemployment rate of 8.0%. The market players thought the unemployment rate would rise to 9.0% because of the consensus, but instead the report showed that the rate actually decreased, showing strength for the dollar.

What you would see on your charts would be a huge dollar rally across the board because the big market players didn’t expect this to happen. Now that the report is released and it says something totally different from what they had anticipated, they are all trying to adjust their positions as fast as possible.

This would also happen if the actual report released an unemployment rate of 10.0%. The only difference would be that instead of the dollar rallying, it would drop like a rock!

Since the market consensus was 9.0% but the actual report showed a bigger 10.0% unemployment rate, the big players would sell off more of their dollars because the U.S. looks a lot weaker now than when the forecasts were first released.

It’s important to keep track of the market consensus and the actual numbers, you can better gauge which news reports will actually cause the market to move and in what direction.

Non-directional Bias

A more common news trading strategy is the non-directional bias approach. This method disregards a directional bias and simply plays on the fact that a big news report will create a big move. It doesn’t matter which way the forex market moves. We just want to be there when it does!

What this means is that once the market moves in either direction, you have a plan in place to enter that trade. You don’t have any bias as to whether price will go up or down, hence the name non-directional bias.

新闻交易的方法

       对新闻的交易有两种方法:

              a) 方向性交易

              b) 非方向性交易

方向性交易

       方向性交易意味着,你预计,一旦新闻报告公布,市场会沿着某一特定方向波动。当我们在寻找某一方向的交易机会时,知道是新闻报告的什么因素造成了市场的波动很重要。

预期值vs实际值

       在一份新闻报告公布的数天甚至数周之前,分析师们会对要公布的报告数据进行预测。在我们之前的课程中,我们已经讨论过,不同分析师之间的预测数字并不会完全相同,但是,总有一个数字是绝大多数分析都普遍认同的,这一数字即为我们在财经日历上所看到的“预期值”。

       当某一新闻报告公布时,最终公布的数据我们称为“实际值”。

买谣言,卖新闻

       这在外汇市场上是广为流传的一句话,因为在通常情况下,当某一新闻报告公布时,市场的走势情况和你相信报告将导致的走势方向并不匹配。

       比如说,市场预计美国失业率将上升。假设上个月的美国非农就业人数是8.8%,而市场预期即将公布的失业率为9.0%。

       由于预期值为9.0%,这意味着所有的大型市场参与者都预计美国经济会进一步走软,结果就是,美元的走软。

       在这一预期下,大型的市场参与者在报告最终公布之前并不会采取观望态度。他们会提前采取行动,并开始卖出美元兑其他货币。

       现在,假如说实际公布的失业率数据和预期一致,为9.0%。

       作为一名外汇交易者,你看到这一数据后会想,“好的,数据确实糟糕,现在是时候做空美元了!”

       不过,当你在你的交易平台上准备着手做空美元时,你发现市场并没有完全按照你认为的方向走。这是因为,大型的机构参与者在报告公布之前,已经对他们的头寸进行了调整,而在报告公布之后,他们已经选择了获利回吐。

       现在,让我们再次看看这个例子。不过这次,设想一下实际公布的失业率为8.0%。市场参与者此前预计失业率将会升至9.0%,不过最终公布的数据却显示失业率出现下降,这表明美元会走强。

       在你的图形上会看到美元全盘会出现大幅上扬,因为大型的市场参与者此前并没有料到这一情况会发生。由于报告已经公布,且最终公布的数据和此前预计的数据非常不同,他们都试图以最快的速度对其仓位进行调整。

       如果最终公布的数据为10.0%,这一情况也会发生。唯一不同的是,美元这次并不会上涨,而是大幅跳水。由于市场预计失业率为9.0%,但是,实际失业率高达10.0%,大型机构投资者将更多的卖出所持有的美元,因为美国经济状况较此前预计的更为疲软。

       对数据的预期值和实际值的分析,能够帮助你更好的衡量,那些新闻报告实际上会导致市场波动,以及市场所选择的方向如何。

非方向性交易

       更为普遍的交易策略是非方向性交易。这一方法忽视市场的方向性波动,只是基于这一事实,即重要的新闻报告将导致市场大的波动。至于市场会朝着哪一方向波动并不重要。

       这是说,一旦市场朝着任一方向波动,你都有入场交易的应对计划。你不需要有任何看高或看空的倾向,故称为非方向性交易。

How to Trade the News With a Directional Bias

How to Trade the News With a Directional Bias in Forex

Let’s now see how to trade the news with a directional bias in a trading scenario. Let’s go back to our example of the U.S. unemployment rate report. Earlier, we gave examples of what could happen if the report came in light with expectations, or slightly better. Let’s say there was a surprising drop. What effect could this have on the dollar? One thing that could happen is that the dollar falls. What??? Isn’t the dollar supposed to rise if the unemployment rate is dropping?

There could be a couple reasons why the dollar could still fall even though there are more people with jobs.

The first reason could be that the long-term and overall trend of the U.S. economy is still in a downward spiral. Remember that there are several fundamental factors that play into an economy’s strength or weakness. Although the unemployment rate dropped, it might not be a big enough catalyst for the big traders to start changing their perception of the dollar.

The second reason could be the reason for the unemployment rate drop. Perhaps it’s right after Thanksgiving during the holiday rush. During this time, many companies normally hire seasonal employees to keep up with the influx of Christmas shoppers. This increase in jobs may cause a short term drop in the unemployment rate, but it’s not at all indicative of the long term outlook on the U.S. economy.

A better way to get a more accurate measure of the unemployment situation would be to look at the number from last year and compare it to this year. This would allow you to see if the job market actually improved or not.

The important thing to remember is to always take a step back and look at the overall picture before making any quick decisions.

Now that you have that information in your head, it’s time to see how we can trade the news with a directional bias.

Let’s stick with our unemployment rate example to keep it simple. The first thing you would want to do before the report comes out is take a look at the trend of the unemployment rate to see if it has been increasing or decreasing. By looking at what has been happening in the past, you can prepare yourself for what might happen in the future.

Imagine that the unemployment rate has been steadily increasing. Six months ago it was at 1% and last month it topped out at 3%. You could now say with some confidence that jobs are decreasing and that there is a good possibility the unemployment rate will continue to rise.

Since you are expecting the unemployment rate to rise, you can now start preparing to go short on the dollar. This is your directional bias. Particularly, you feel like you could short USD/JPY.

Just before the unemployment rate is about to be announced, you could look at the price movement of USD/JPY at least 20 minutes prior and find the range of movement. Take note of the high and low that is made. This will become your breakout points.

*Note: The smaller the range the larger the tendency there is for a volatile move!

Since you have a bearish outlook on the dollar (your directional bias), you would pay particular attention to the lower breakout point of that range. You are expecting the dollar to drop, so a reasonable strategy would be to set an entry point a few pips below that level.

Trading the news with a downside directional bias

You could then set a stop just at the upper breakout point and set your limit for the same amount of pips as the breakout point range.

Always have a stop and target in mind

One of two things could happen at this point.

  1. If the unemployment rate drops then the dollar could rise. This would cause USD/JPY to rise and your trade would most likely not trigger. No harm no foul!
  2. Or if the news is as you expected and the unemployment rate rises, the dollar could drop (assuming the entire fundamental outlook on the dollar is already bearish).

This is good for you because you already set up a trade that was bearish on the dollar and now all you have to do is watch your trade unfold.

Target should be equal to consolidation range

Later on, you see that your target gets hit. You just grabbed yourself a handful of pips! Booyeah!

The key to having a directional bias is that you must truly understand the concepts behind the news report that you plan to trade.

If you don’t understand what effect it can have on particular currencies, then you might get caught up in some bad setups. Luckily for you, we’ve got Pip Diddy and Forex Gump to help explain what effect each report can have on the forex market.

 

方向性交易


  Trading The News 新闻交易 5
       让我们再回到美国失业率的例子。早前,我们说明了,如果数据和预期一致或略微好于预期可能出现的情况。现在,我们假设数据出现出人意料的下滑,这将对美元造成什么影响呢?美元可能出现的一种走势情况是下跌。什么,没说错吧?如果失业率下滑,美元不是应该上涨吗?

       这里有很多理由来解释,为什么,即使有更多的人就业,美元仍有可能下跌。

       第一个原因是,美国经济的长期和总体趋势仍处于下行态势。记住,有数个基本面因素会对经济的强弱状况产生影响。尽管失业率出现下降,但这仍不足以促使交易者们开始改变他们对美元的总体看跌观点。

       第二个原因可能是促使失业率下降的原因。可能,失业率的下降正好出现在感恩节假期的用工高峰之后。这这段时间,很多的公司通常会增加招聘来应对突然增多的购物者。就业人数的增加可能在短期内导致失业率的下降,但是这并不能改变美国经济的长期前景。

       利用更精确的方法来衡量失业状况的方法是,拿去年的数据和今年的相比。这能够让你看到,就业市场实际上是有好转还是并未好转。

       我们需要记住的重要一点是,在我们快速做出交易决定之前,始终要回看一下总体的经济态势。

       现在,你的脑子中应该有了这方面的认识,下面,我们将教你,如何利用新闻进行方向性交易。

       为简单起见,我们还是用失业率的例子。在报告公布之前,你首先需要做的事情是看一下失业率的运行趋势,以判断失业率是一直在上升还是一直在下降。通过对之前失业率的走势情况,你能够对未来的走势情况由一个大致的看法。

       假设,失业率一直在稳定上升。6个月前,失业率为1%,而在上个月,失业率上升到3%。你现在可能说,你很自信就业人数正在持续下降,因此失业率持续上升的几率会非常高。

       鉴于你预计失业率会上升,现在,你可以开始准备做空美元。尤其是,你感觉可以做空美元/日元。

       就在失业率报告公布之前,至少是20分钟之前,你观察了美元/日元的走势情况,你发现汇价处于区间波动中。注意看区间的高点和低点,它们将成为 突破点。

       注意:波动的区间越小,汇价出现较大波动行情的倾向越大。

       由于你预计美元将走低,你对美元/日元可能出现的下行突破行情会表示特别的关注。你预计预计汇价将下跌,所以,你采取的较为合理的策略是,将入场点位设在下突破点一线下方水平。

Trading The News 新闻交易 6

       你也可能将止损设在上突破点水平,并将你的获利目标水平设在和突破点区间相同点数的水平。

Trading The News 新闻交易 7

       这将对你的交易起到作用,因为你已经建立起看跌美元的交易模型,现在,你需要做的就是看着你的交易完成。

Trading The News 新闻交易 8

       随后,你看到美元/日元达到你所设定的目标水平。你已经捕获了大把的获利!庆祝吧!

       进行方向性交易的核心在于,你必须完全理解你打算交易的新闻报告背后的信息。如果你不能理解即将公布的新闻报告将对特定货币产生何种影响,那么,你所建立起来的交易模型可能会很糟糕。

How to Trade the News Using the Straddle Trade Strategy

Straddle Trade Forex News

The first thing to consider is which news reports to trade. Earlier in this lesson we discussed the biggest moving news releases. Ideally you would want to only trade those reports because there is a high probability the market will make a big move after their release.

The next thing you should do is take a look at the range at least 20 minutes before the actual news release. The high of that range will be your upper breakout point, and the low of that range will be your lower breakout point. Note that the smaller the range is the more likely it is you will see a big move from the news report.

The breakout points will be your entry levels. This is where you want to set your orders. Your stops should be placed approximately 20 pips below and above the breakout points, and your initial targets should be about the same as the range of the breakout levels.

Straddle Trade

This is known as a straddle trade – you are looking to play BOTH sides of the trades, whichever trade it moves.

Straddle Trade

Now that you’re prepared to enter the market in either direction, all you have to do is wait for the news to come out. Sometimes you may get triggered in one direction only to find that you get stopped out because the price quickly reverses in the other direction. However, your other entry will get triggered and if that trade wins, you should recoup your initial losses and come out with a small profit.

A best case scenario would be that only one of your trades gets triggered and the price continues to move in your favor so that you don’t incur any losses. Either way, if done correctly you should still end up positive for the day.

One thing that makes a non-directional bias approach attractive is that it eliminates any emotions – you just want to profit when the move happens. This allows you take advantage of more trading opportunities, because you will be triggered either way.

There are many more strategies for trading the news, but the concepts mentioned in this lesson should always be part of your routine whenever you are working out an approach to taking advantage of news report movements.

非方向性交易


  Trading The News 新闻交易 9
       我们首先需要考虑的是,需要交易哪类新闻。在本系列课程的早些时候,我们讨论了能够引起市场最大波动的新闻报告。理想情况是,你可能只想交易这些新闻,因为,在这些新闻报告公布后,很可能引发市场的巨大波动。

       下一步你需要做的是,在实际新闻公布的至少20分钟之前观察汇价的交易区间。这一区间的高点很可能就是汇价的上行突破点,而区间的低点则可能就是下行突破点。值得注意的是,汇价波动的区间越窄,新闻报告公布后所引发的波动可能越大。

       突破点将是你的入场点位。该水平是你打算设置定单的价格水平。你的止损位应该设在大约高于或低于突破点20点的水平,而且,你的初始获利目标应该和突破点所形成的区间幅度相同。这即是我们说的跨期交易 —— 无论价格朝哪一方向波动,你都有机会进行交易。

Trading The News 新闻交易 10

       有鉴于你已经做好了在任一方向入场的准备,你所需要做的只是等待新闻的公布。有些时候,汇价最初可能朝着某一方向波动,随后你却发现你被打止损出局,因为汇价随后快速朝着相反的方向波动。然而,你之前所设的另一入场定单可能触发,而且,如果你在这张单子的交易中获胜,你应该能够弥补你的初始损失,而且最终会获得少量获利。

       最好的情况是,汇价只触发你所设定的一张定单,而且价格持续沿着有利于你的方向波动,在这一情况下,你不会出现任何损失。不管汇价朝着哪一方向波动,如果操作得当,你都有可能实现获利。

       非方向性交易如此吸引人的一个原因是,它消除了市场情绪的影响——当波动开始时,你想要的只是获利。这允许你利用更多的交易机会实现获利,因为,你所设定的定单可能在任一方向触发。

       当然,还有更多的新闻交易策略,但是,无论你在什么时候想要进行新闻交易,本课中我们所讲到的理念都将对你有帮助。

Summary Of Trading the News

Trading the News in Forex

There you have it! Now you know how to trade the news! Just keep these things in mind when trading:

  • When you have a directional bias, you are expecting price to move a certain direction, and you’ve got your orders in already.
  • It is always good to understand the underlying reasons why the market moves in a certain direction when news is released.
  • When you have a non-directional bias, you don’t care which way price heads. You just want to get triggered.
  • Setups for the non-directional bias are also called straddle trades.

That’s pretty much it…

Is it really that easy???

HECK NO!!!

You’ll have to practice and trade many different reports before you get a feel of which news reports will make the market move, how much of a surprise is needed for the market to move, and which reports to avoid trading.

Like in any other trading method, your success depends on your preparation.

This will take time and practice. Do your homework and study the economic indicators to understand why they are important.

Remember, nothing worth having comes easy, so stick with it and you’ll find that trading the news will be very rewarding once you get the hang of it!

总结:新闻交易

Trading The News 新闻交易 11
PS:在进行新闻交易时,你可以选择进行方向性交易,也可以选择进行非方向性交易

       现在,你已经知道了如何进行新闻交易!在交易时,请牢牢记住以下几点:

          ● 当你在进行方向性交易时,你会预计汇价将朝着某一特定方向波动,而你之前已经在这一预期之下设好定单。

          ● 当新闻公布时,知道市场朝着某一方向波动的原因始终是好的。

          ● 当你在进行非方向性交易时,你并不需要在乎汇价将朝哪一方向波动。你只需要等到汇价触发你事先已经设好的定单即刻。

          ● 非方向性交易也称作跨期交易。

       很简单,是吧?
                                           当然不是啦!!!

       在你能够感觉到哪些新闻报告将引发市场波动、和预期相差多大的数据能够引发市场波动、哪些报告是要避免交易之前,你需要进行练习,并针对一些报告进行交易。

       和其他的交易方法一样,你的成功也建立在良好的准备基础之上。

       这需要时间和练习。你需要做足功课并针对经济指标进行学习,以明白为什么这些指标是重要的。

       记住一句话,樱桃好吃树难栽。所以,一旦你掌握的新闻交易的思想,并能够将它运用自如,你将发现进行新闻交易会给你带来巨大的收益。