Learn how to trade Forex News Events With Confidence!
Welcome to this week’s Forex Trading Video of the day. When it comes to Forex News events a lot of traders fear the markets due to the volatility and also fear the slippage that may be caused by the broker. In our opinion select a broker that is not only regulated by the FCA but also has a good track record. We are not affiliated with any brokers so do not give any recommendations but the above two tips to select a proper forex broker will at least put you on the right path.
At Platinum online trading academy we teach you how to trade forex news events with a systematic forex news trading strategy that is easy to implement and will boost your confidence to trade the market.
Trading strategy –
One of the major fundamental reports that we trade is the bank of England interest rate decision. This report generally comes out in the 3rd week of the month midweek at 12:00 on the dot. We wrote about trading this report forex blogs and also sent a mail out to our fx subscribers who get the 5 top tips to take advantage of every Tuesday. If you have not subscribed to our forex newsletter please do this today click here –
Bank of England Trade Report Blog –
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At Platinum, our professional forex trading analysis foresaw a possible change in the MPC official bank votes from a 7-2 to a 6-3. This has been mentioned in the video and how the blog predicted this, you may be thinking why is this important?
This was a critical change to the monetary policy as it signifies the BOE is ready to start increasing rates, this will be a vital economic move in regard to GBP strength and something that should not be taken lightly.
These blogs on forex are just an example of how we work for our clients and we would recommend you visit the blog page to read for yourself to see our currency trading live in action.
Please take time to visit our website and you can sign up to platinum television which is a daily programme which will keep you informed about the forex market and will enhance your profitability as a forex trader.
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