Trading The News

News events are some of the toughest events to trade in the forex. Volatile movements happen in a single 1 minute candle that can whip you out of a trade faster then you can get out of it. It has been a highly risky trading time in these last few months and the news events have helped to create extra volatile trading opportunities. The problem is when trading these events is you usually get stopped out only to be proven right about the trade afterwards. Sometimes it is best to wait out the news event and look for opportunities after the initial reaction. That way you can avoid reactionary losses from reactionary flight from any particular pair.