Trading The News | ForexGen Tips

Is a popular technique in the forex markets … Everyone wants to trade the news as you can see currency pairs move dramatically within seconds after the release of major news like “The US Retail Sales” and others and it responds not only to U.S. economic news, but also to news from around the world. That’s easy money! Depending on how are you trading this news. So for those who want to trade news there are plenty of opportunities and you will be able to know different strategies through this lesson.Our goal is to make the most of your trading knowledge and we willl provide you with all of the steps needed to know how to trade the news.

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How Does The Carry Trade Work For Forex | ForexGen Tips

As a forex trader you know that forex trade in pairs, for example you trade USD/JPY that mean’s buying a US dollar and sell JP Yen. So you pay for JPY and collect the USD.Technically, all positions are closed at the end of the day in the spot forex market. Brokers close and reopen your position, and then they debit/credit you the overnight interest rate difference between the two currencies.The amount of leverage available from forex brokers has made the carry trade very popular in the spot forex market. Forex trading is completely margin based, meaning you only have to put up a small amount of the position and you broker will put up the rest.