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  • This 👇 https://t.co/UH4A7C2HOO
  • $USDJPY has spanned its full, tight range. The has slightly broadened its smallest 30-day trading range (as a ratio of spot) on record. Serious breakout candidate should a firm risk or Fed rate speculation wind come through https://t.co/XyajC1dAee
  • Seems this once-Hawkish view from Cleveland Fed President Loretta Mester is becoming the consensus for the FOMC https://t.co/uHAmcRFNlG
  • - Supports November taper - Still some distance from maximum employment goal needed for raising rates
  • Fed's Mester - Economy has met substantial further progress bar for taper - On inflation bar for raising rates has largely been met - Expect conditions for first rate hike to be met by end of next year
  • Heads Up:🇬🇧 BoE Tenreyro Speech due at 13:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-09-24
  • Do you know how to properly Identify a double top formation? Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Learn more about the double top formation here: https://t.co/t9FlspUVZz https://t.co/HFl8E8exht
  • Credit Suisse dumped Evergrande exposure on risk fears - FT
  • RT @onlyyoontv: #China central bank declares #virtualcurrency-related business activities as illegal. No legal tender/crypto exchange; exch…
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here: https://t.co/Yl9vM73cHA https://t.co/2wzX4dacYJ
Trade the News Live Coverage

Trade the News Live Coverage

Thomas Long, Course Instructor

A successful approach is rarely built around how fast you can enter the market but to wait to see how the market reacts to the release and to then make your trading decision.  Sounds easy enough, unless of course you are new to trading and are not sure how this is done.  This is one of the reasons that the analysts at DailyFX offer you the opportunity to experience the news release with them.

Trade the New Live Coverage is one of the most popular sections within DailyFX.  A trading room is opened on all major news releases so the analyst and other participants can share their thoughts about the news release, the market's reaction and how a trader could approach the situation looking for a trading opportunity.

You can find this section by first clicking on the Economic Calendar button at the top of page.
 

tradethenews

You then click on the Trade the News button to get to this page.

tradethenews2

There you will find an archive of past live events, a reminder box to an upcoming event and of course, the screen that will be used for live events.  This is an opportunity to be with other traders and see first hand both the market's reaction to the news event and more importantly, how other traders see and react to the event.  On Friday, February 5th at about 815AM Eastern, the room will open for the most anticipated news release of the month.  The US Department of Labor releases the Nonfarm Payrolls for January and everybody, in all financial markets in the world, will be watching.  We hope you will join us for this event. 

 

 

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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