Forex Market Analysis & Forecast: How to Trade After an Important Event with the High Low Technique
In this forex trading tutorial video, I review what happened after FOMC last night. I also go into the importance of identifying the high/low of the candle during the release of the event/data.
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Whether you are day trading or swing trading forex, you need to be paying attention to high impact news events like FOMC.
Do note that this is a technique and not a full-blown trading strategy on its own so please apply a proper trading strategy when trading.
If you are day trading live as the data is being released, please make sure to manage your risk and take your forex signals with the right position size as volatility is expected.
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