News indicator is one of the important indicator that we have to learn when we begin out journey as a trader. If there is news, i always stay out from the market before i make a decision which position i'll enter either it is long or short. Sometimes news impact can market move more than 800PIP!!! in 5 minutes. If you are in position and your margin is too small it'll give you profit or MARGIN CALL!!!.. So, if you are not sure about that my advices for you is stay out from the market for 1 hours until the market become stable. Dont dig your own grave.. beside from my experience before i have lose a lot of my money because of news impact. Learn how the news impact the market by simply google it. :-)
I always this homework in the weekend, at friday i always download news calender for the next week and make my revision to know which news will make me rich. :-p. You can surf the calender at www.forexfactory.com
So, as long as you make this revision every week, you'll find out that you are learning and improve yourself.
:-p. So my friend.. it is not only gaining lose in forex but you can enjoy this holygrail by digging your money here.
HAPPY TRADING
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