When trading the news, you can either have a directional bias or a non-directional bias.
Here are some other things to keep in mind when news trading:
That’s pretty much it…
Is it really that easy???
You’ll have to practice and trade many different reports before you get a feel for:
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!