Strategy: how to earn $ 2000 per week

How to interpret the news release. News went after the announcement of the major economic forecasts and sometimes can cause fluctuations in the 70 pip a few minutes in one currency.

Before you come out the main forex economic forecasts, the market is moving up or the opposite trend. At this time, traders try to profit from the price peak. Not all the news will speak in favor of this strategy. If you use it, you need to be trading on the market for about 5 minutes, and you will profit or bear small losses. To know the exact time of broadcast news, use the economic calendar in any online website or TV news like Bloomberg and CNBC.

News, after which usually applies this strategy - it is usually the main estimates for the U.S. EUR / USD, GBP / USD and USD / JPY; Europe, EUR / USD, EUR /GBP, EUR / JPY and EUR / USD; UK GBP / USD, EUR / GBP, GBP / JPY, Canada and New Zealand. Other news in this category: the unemployment rate of Canada and Australia, the economic sentiment in Germany, etc. Minimum generated by such news, is 30 pip 10 minutes. If you get a 20 pip profit for the event with a standard deposit, for 10 events in the week you can earn U.S. $ 2000.