Believe me, news trading can earn you several pips at a very short time but as a technical Forex trader, the charts tell me everything I need to know. I can tell when there is potential new trade setup and I know exactly where to place my entry and exit levels. I find that the charts tell me what is really happening whereas the fundamentals (the news announcements) are an opinion. Some traders will see a news announcement as good news and others will see that same announcement as bad news for an economy. So it's better to trade what you see and not what you think. Have a pip filled week.