Forex Trading News – How to Make Hundreds of Pips in Just Minutes

Invest in forex and make hundreds of pips in just minutes by trading the news. Is this really possible? Yes it is! Some forex traders only trade around major news releases because the market moves 50 – 100 pips or more in just seconds. Sounds pretty exciting, huh? Well, let’s learn more about this type of trading and how you can make money from it.

Why trade the news?

If you know what you are doing, you can make major pips in just a short amount of time. News releases cause the currency markets to move very quickly, and since the forex is world-wide and open 24 hours a day, the next major economic data is just around the corner. More details please

What currencies should I trade?

You want to trade currencies that are greatly affected by the news. This will limit you to the major players in the world economy – namely the United States, Britain, Japan, and the European Union. There are many economic releases in these countries which gives you plenty of trading opportunities.

Here is a quick cheat sheet of the countries and their currencies:

United States – USD – Dollar
Britain – GBP -Pound
Japan – JPY – Yen
European Union – EUR – Euro

When do news releases happen?

Generally they occur during the morning hours. For instance, most major economic news is released in the United States from 8:30 AM – 10:30 AM Eastern. You can find the scheduled times just by doing a simple search on Google. But don’t forget to convert their morning time to your local timezone!

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