What separates great traders from Gurus-that-can't-trade-so-they-teach... every currency pair, every price action, and every order placed, are results of Fundamental News releases. Currency Market Moves Because Of
Fundamental News Releases! Taking advantage of fundamentals is ALL that separates the pro trader from the wannabes.And the best part is... You don't need to be an economists or have a degree in finance to make money with news.
The reason this strategy is gaining such rapid popularity is because it eliminates the need to “guess” which direction the market is going to go, and when it is going to do it, which is what trips up most traders. With this strategy, you don’t need to understand any of the complexities of why the markets react when they move. You don’t need to understand technical analysis, and you don’t have to place unnecessarily risky trades in order to win. In short, this strategy addresses all of the traditional limitations and challenges of news trading!..
The benefits of this strategy are numerous and compelling:
You don’t have to know why the market is moving in order to make money
You don’t have to know which direction the market is going to go
You don’t need to install, understand, or interpret any indicators
You can be completely ignorant of how FOREX works, yet expect success
It does not matter which direction the market moves, you will profit either way!
This strategy is easy so that anyone willing to learn can do it and make good money - You Don’t Have To Know Why the Market Is Moving In Order To Make Money
Almost daily, governments around the world release economic news releases, and they have the ability to move the markets significantly. Or not at all. But when they do, you can make a significant amount of money! The psychology and economic dynamics of WHY the market moves isn’t important at all, and does not need to be understood to make money with this strategy.
Here’s The Basics of How This Strategy Works:
The economists provide an estimate of each news release about a week in advance. The price of the pair moves slowly during the week to account for the estimate. In the mean time, the actual value of the news item, say Gross Domestic Product (GDP) for example, is calculated by a governing body. At a particular day and time, the governing body releases the actual value of the item to the world.
If the actual data value(s) are close enough to the estimated value(s), there is very little movement caused in the target currency pairs because the market had correctly anticipated the news and adjusted accordingly beforehand. But the more the actual value deviates from the estimated value, the bigger the adjustment, or spike, will be to compensate for the difference. If we get a spike big enough to hit one of our stop orders, we then have an extremely good live trade, and we’re ‘off to the races’!
There are two main strategies you can use to remove most of that risk ...
