I have a question about news trading. I understand news can move the market and it does but I find it hard to trade. Does anyone here trade news and how do you do it? It seems that price does not always move in the direction it should. I was just wondering if there is something I'm missing or maybe I don't understand what the news is saying.
You have to go back in time and look over data from the past and pick a decent amount of deviation (amount deviating from the expected number)
and then I use an autoclick program that automatically clicks me into the trade the second the data comes out based on the deviation. I havn't lost a news trade ever.