Catch your chance on the stock exchange.

As you know, most bankruptcies occur during times of severe economic and financial turmoil.

People lose their money or currency due to sharp movements in the exchange rate. But there is another category of traders who make money during such shocks.

They specifically wait for bad news in order to make a fortune from it. After all, it is during panic that the most stable trend is formed, usually downward. This allows you to make huge profits in just a few hours of trading.

Remember, although on September 11, 2001, when the dollar lost about 40% of its value, those familiar with the Forex market should not explain how much could be earned on this.

Trading Forex constantly is quite difficult, but opening one or two transactions at the most opportune moment is much easier.

The main thing is to wait for the necessary news, preferably not favorable for any currency. Trading strategies on bad news are usually built on the following principles:

• Selling – if a downward trend and there is a high probability of its continuation.

We open a sell order and hold it at least until we receive 50 points of profit. In this case, short-term pullbacks may be observed. • Buy – here you should determine the moment when the trend will slow down and the position of the affected currency will begin to recover.

The reason for the reversal may be positive news for a given currency. The main condition for opening a buy order is that the trend must exist for at least a day. Traders who use similar tactics usually open no more than 2-3 positions during the week, and these can be positions on different currency pairs . Therefore, when choosing Forex instruments, you should use a more flexible approach.