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Watch how to trade CAD or Canadian Dollar forex news announcements. This strategy is a risk-free way to hedge yourself against loss when the CAD news is released.
News releases provide the largest volatility events for traders. It doesn't matter if it's stocks, forex, bitcoin, gold or the Dow Jones - when something unexpected happens, when new information enters the public view - that's when things get going. In this video we cover the theoretical part of trading the news: preparing for news events, understanding the economic calendar, adjusting your trading to the news regardless if it's good or bad.
Futures traders who do trade the news, need to know how interpret the fundamental news release, by know what is "expected" versus what is released. Those who interpret the new right, could potentially trade in the right direction. Also, those who have been doing it for a long time, also know that the initial move of the market following the news, could be short lived and reverse abruptly.
Good luck.
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