Markets can be very unpredictable around and during news releases. Trading the news offers you the opportunity to make large profits quickly if you are prepared and know what you are doing.
In today’s Tip TV Education segment, Dr. Corvin Codirla, Founder of CCFX explains Tip TV viewers the Dos and Dont’s of trading the news.
The four key economic indicators/events that move the exchange rates are – Rates, unemployment, inflation, and growth. Codirla’s historical study points to central bank interest rate decision as the one that moves the exchange rates the most.
Thus, the education segment is centered mainly on trading the Fed rate decision.
Watch the full segment as Codirla details trading strategies. “Let the market do the talking for you”, says Codirla. He is joined by Presenter Matt Brown.