Archive for the ‘Stocks’ Category

Day Trading Fx Economic News Announcements – Trading Live Forex News Successfully

Sunday, July 18th, 2010

Every month there are over 400 live forex news releases, but not each and every portion of forex market news provides reliable price action. Within those 400 releases every month, less than 50 of them are tradeable news, or what I call forex news trading gems. Those 50 forex news gems will provide traders with the more dependable and profitable moves in the fx marketplace. If the actual number deviates from the expected number you can count on a large fast move. By getting in prior to the price spiking, it results in an equally significant as well as fast gain. Over the years however, trading live forex news has changed to the point of being very difficult to do profitably. You see, forex day trading economic news was as straightforward as getting in with the direction of the fx news that was released. Recently however, due to increased volatility as well as increasing number of retail traders, news trading the old way has become a thing of the past. Nonetheless there is however a light at the end of the tunnel for fx news trading, the Secret News Weapon is that light!

Day Trading the movement in the price after any given live forex news release has become increasingly unprofitable, resulting in many times, the price just simply disrespecting the economic news, and moving in a direction contrary to the data. On the contrary there is still on form of live forex news trading that has remained consistant. The first price spike after the fx news is something that has remained constant. Positive forex news spikes the price up, and negative news consistently spike the price down. This is something that has and for the foreseeable future will remain profitable, and as a result the single reliable strategy to trade live fx news.

These spikes in price happen with a second or two after the live forex news is releasd, so how can you possably react fast enough to capitalize on them? Up until recent months there was no real way to make profit on this hidden gem, but now the Secret News Weapon has made that possable. This beautiful piece of forex engineering genius robotically gets the news as fast or faster than anyone else, then not only does it get the news as fast or faster than anyone else but also based on the live forex news data it clicks buy or sell for you. It is not possable for trader, no matter how fast they can get the live forex news, to view the data, see if it’s positive or negative, and then click sell or buy, all before the price has spiked up! By forex news trading price spikes with the Secret News Weapon every trader has the oppertunity to enter the market before the price creates those huge spikes, and then get out all within a few seconds around the top of the spike created by the live forex news.

For the retail trader, what does this all mean? It means no more guessing in regards the direction of the fx market after a forex news release. Virtually one hundred percent of the time the forex market will go in the direction of the news on the ititial price spike, so even if the forex trade does reverse, you usually get such a great entry price you can exit around break even or a small loss. No trade setup or strategy in the forex market is a sure thing but news trading while using the Secret News Weapon is as close to it as you can get. Also you can take a thirty day tryout of our SNW to see for yourself the potential profit to be made with it.