NEWS TRADING
Tuesday July 7, 2009
[12:30am NY Time]
RBA Rate Decision SELL 2.25% AUD/USD
RBA (Reserve Bank of Australia) is expected to leave current rates
unchanged at 3.00%. There is very little chance for a surprise rate
cut as Australia along with most other major economies are currently in
a hold pattern... However, with the sentiment of the market turning
from risk appetite rally to risk aversion flight to safety, we do have
a possibility of seeing a surprise rate cut by RBA.
Therefore, in the off chance that RBA cuts rate by at least 0.25%,
we'll SELL AUD/USD immediately and hold on to the trade for at least 50
to 100 pips of profit...
If RBA keeps rate unchanged, we may still see volatility from the
accompanied statement, but we'll not trade because these statements
require interpretation on the fly.Get a forex robot that doubles your account every single month.click or copy and paste this link http://3c58e7yfr9bqxy13bg5m04-vaw.hop.clickbank.net/
[10:00am NY Time]
CA IVEY PMI SELL 53.4.0 BUY 47.4 USD/CAD
If the release comes out better than 53.0 then it would be good for
Canadian Dollar, so we'll SELL USD/CAD. If the release comes out
worse than 47.0, then it would be bad for CAD, and we'll BUY
USD/CAD. Get a forex robot that doubles your account every single month.click or copy and paste this link http://3c58e7yfr9bqxy13bg5m04-vaw.hop.clickbank.net/
send a blank mail to wealthklub@yahoo.com to get a free report on a trading system that generates average of 500pips monthly
Tuesday, July 7, 2009
Monday, July 6, 2009
DISCOVER 2 FOREX TRADING STRATEGIES FOR MAKING OVER USD2000 WEEKLY AS A BREAKOUT FOREX TRADER
DISCOVER 2 FOREX TRADING STRATEGIES FOR MAKING OVER USD2000 WEEKLY AS A BREAKOUT FOREX TRADER.
I want to use this write up to help you understand the very currencies and times as well as time frame you can apply the breakout strategy. Make yourself comfortable and do your best to apply this invaluable lesson.
How to approach news breakout: this occurs upon the release of major economic announcements and can sometimes trigger moves of over 70 pips within few minutes.
When a major fundamental announcement is to be released, few minutes to this time we see the market moving in a very choppy sideways or counter trend. During this time, breakout traders who straddle the news position themselves well ahead of the said news event to take advantage of the initial price spike. Note that not all news event support this strategy. Using this strategy, you ay only need to be in the market for about 5minutes and you are out with profit or a little loss.
You use this strategy by first of all knowing the time of the news release using the economic calendars then find out if the news event supports this strategy. Having done the above, you then go to your platform 5 or 3 minutes before the news event and set up your orders.
The news event that supports this strategy are interest rate statements from US –EUR/USD, GBP/USD and USD/JPY. EUROPE- EUR/USD, EUR/GBP, EUR/JPY. And EUR/USD. UNITED KINGDOM-GBP/USD, EUR/GBP, GBP/JPY, NEWZEALAND AND CANADA. Other news events that supports this strategy are non-farm payroll from US , unemployment rate and employment change from Canada and Australia, German Zew economic sentiment, BOE MPC meeting minutes e.t.c.. the minimum each of this news events can generate is 30pips within 10 minutes so do not be greedy with profits. If you take only 20pips per event on a standard account, with just 10 events per week that will give you $2000 per week. Also try factoring in risk.
Technical breakout; this kind of breakout occurs without any news event in sight. It can happen during the opening hours or close of the market. Before the opening of certain currency pairs and market sessions, the market is usually in a very choppy mood and quiet too. During this time the big moves are being planned and you should learn to move along with them. Quite often the market would have determined the direction it wants to Get a forex robot that doubles your account every single month. click or copy and paste this link
http://a0d1172az4lqts20lfyi5yym8m.hop.clickbank.net
move before it becomes quiet attempting to determine where to breakout.
Send a blank mail to wealthklub@yahoo.com to get a free report on a trading system that generates an average of 500pips monthly plus how $5100 was turned to $40,000 without lifting a finger.
I want to use this write up to help you understand the very currencies and times as well as time frame you can apply the breakout strategy. Make yourself comfortable and do your best to apply this invaluable lesson.
How to approach news breakout: this occurs upon the release of major economic announcements and can sometimes trigger moves of over 70 pips within few minutes.
When a major fundamental announcement is to be released, few minutes to this time we see the market moving in a very choppy sideways or counter trend. During this time, breakout traders who straddle the news position themselves well ahead of the said news event to take advantage of the initial price spike. Note that not all news event support this strategy. Using this strategy, you ay only need to be in the market for about 5minutes and you are out with profit or a little loss.
You use this strategy by first of all knowing the time of the news release using the economic calendars then find out if the news event supports this strategy. Having done the above, you then go to your platform 5 or 3 minutes before the news event and set up your orders.
The news event that supports this strategy are interest rate statements from US –EUR/USD, GBP/USD and USD/JPY. EUROPE- EUR/USD, EUR/GBP, EUR/JPY. And EUR/USD. UNITED KINGDOM-GBP/USD, EUR/GBP, GBP/JPY, NEWZEALAND AND CANADA. Other news events that supports this strategy are non-farm payroll from US , unemployment rate and employment change from Canada and Australia, German Zew economic sentiment, BOE MPC meeting minutes e.t.c.. the minimum each of this news events can generate is 30pips within 10 minutes so do not be greedy with profits. If you take only 20pips per event on a standard account, with just 10 events per week that will give you $2000 per week. Also try factoring in risk.
Technical breakout; this kind of breakout occurs without any news event in sight. It can happen during the opening hours or close of the market. Before the opening of certain currency pairs and market sessions, the market is usually in a very choppy mood and quiet too. During this time the big moves are being planned and you should learn to move along with them. Quite often the market would have determined the direction it wants to Get a forex robot that doubles your account every single month. click or copy and paste this link
http://a0d1172az4lqts20lfyi5yym8m.hop.clickbank.net
move before it becomes quiet attempting to determine where to breakout.
Send a blank mail to wealthklub@yahoo.com to get a free report on a trading system that generates an average of 500pips monthly plus how $5100 was turned to $40,000 without lifting a finger.
13 FOREX TRADING SECRETS THAT GENERATED 992 PIPS NET PROFIT IN 15 TRADING DAYS
http://a0d1172az4lqts20lfyi5yym8m.hop.clickbank.net/13 FOREX TRADING SECRETS THAT GENERATED 992 PIPS NET PROFIT IN 15 TRADING DAYS
There is no hype in this headline. This is the absolute truth. The following 13 secrets generated 992 pips net profits for me in 15 trading days.
1 do not over expose your account .maintain an account exposure of between 10% and 30%.
2 Always trust god to find and join the trend early. Always learn to test the strength of the trend with the ADX.
3 Understand your best entry and exit points using pivot points and/or fibonnacci retracements
4 Understand the key japanese candlesticks Reversal patterns.
5 Know when the market is down or when the trend is weak and trade accordingly or stay away.
6 Only use take profit according to predetermined market potential.
7 Buy in oversold markets: stochastic oscilliator and RSI can be used in determining this
8 sell in overbought market: stochastic oscilliator and RSI can be used in determining this.
9 Never entertain fear even when the market moves against you. If you have a good trading system., it will surely come back in your favour.
10 Do not be greedy: Show contentment in all things and this demon will be far from you.
11 Do not over trade: Learn to draw a line between over trading and fear.
12 Always pray before making a trading decision: There is always a guiding light from god if only you will trust him.
!3 Rely on the holy spirit for guidance. He is very dependable and will never leave you forsake you if you surrender the battle to him.
Get a forex robot that doubles your account every single month. click or copy and paste this link
http://a0d1172az4lqts20lfyi5yym8m.hop.clickbank.net/
Send a blank e mail to wealthklub@yahoo.com to Get a free report on a powerful forex trading system that generates an average of 500 pips($5000 on a standard account) monthly plus how $5100 was turned to $40,000 without lifting a finger
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