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A Simple Method To Trade Forex News Announcements – Live NADEX Trading

By on February 4, 2021 0 19 Views
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There are a lot of strategies out there for trading Forex news announcements.

Probably the one that I’m the most comfortable doing is what I like to call, “fade the news”.

Instead of predicting what the price will do I wait and REACT to what the price already did.

You’ll see how in the live Forex trade on USD/CAD I first let the Bears show their hand and waited for a proper lower high and snatched up a really simple in the money option.

A big key though is never forgetting the “Bird’s Eye View”. I still had the 4-hour bias in my favor. It was the most overbought it had been in months.
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