Even though I do read a lot on the financial news and announcements, however when it comes to trading; I am 100% technical. I only trade base on technical analysis. My past experience with news, especially between ET0900 - ET1200, has made me avoid trading in this choppy period. News will definitely allow you to achieve the max profit in the shortest time due to volatility, however it might be the reverse if the news go against you. Calculate your odds of winning before entering any trades.
Check out Greg Mcleod from DailyFX - one great scalper.
" Forex is like an ATM machine, You only need to know the password to withdraw $$ everyday"
The one and the only problem........ Forex change the password everyday ( if not every hour)
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