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  • Myth or fact? One thing is for sure, there are a lot of misconceptions about trading. Knowing the difference between common trading myths and the reality is essential to long-term success. Find out about these 'myths' here: https://t.co/EDvQdHfIPm https://t.co/MshYqL1y2c
  • Heads Up:🇬🇧 BoE Gov Bailey Speech due at 10:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-03-08
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.85%, while traders in France 40 are at opposite extremes with 66.63%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/JyR3xc98Wr
  • Commodities Update: As of 08:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.96% Silver: 0.61% Gold: -0.22% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/yc6zHLMQjl
  • Forex Update: As of 08:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.03% 🇯🇵JPY: -0.02% 🇦🇺AUD: -0.02% 🇨🇦CAD: -0.11% 🇪🇺EUR: -0.15% 🇳🇿NZD: -0.29% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/buujEMQ7YX
  • Indices Update: As of 08:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.77% Germany 30: 0.69% France 40: 0.69% Wall Street: -0.11% US 500: -0.53% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/Dy6BFqiMZa
  • Dollar May Rise as Stimulus Boosts Yields, Pound Eyes Bailey Comments - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2021/03/08/Dollar-May-Rise-as-Stimulus-Boosts-Yields-Pound-Eyes-Bailey-Comments.html
  • What are some monetary policies that could affect Gold this quarter? Get your Gold free forecast here: https://t.co/bTXkGN1CIM #DailyFXGuides https://t.co/E8nwHmBwE6
  • Missed the weekly outlook webinar today? See the recording here: https://t.co/7vz7cXUZfJ #Dollar #stimulus #stocks #gold
  • 🇨🇭 Unemployment Rate (FEB) Actual: 3.6% Previous: 3.7% https://www.dailyfx.com/economic-calendar#2021-03-08
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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