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To stay up to date with the market, check an economic calendar in your time zone. Look at important releases, such as inflation, GDP, employment, and central bank decisions. Before they come out, look at the previous data and the forecast. Adjust the size of your positions because volatility can increase and spreads widen. When the news are published, compare the actual value with what is expected. At the end, review how the market reacted to adjust your strategy.
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We do not recommend using technical analysis as the sole method for making trading decisions. We do not recommend making impulsive trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.