Forex News Trading (aka Fundamental Forex Trading)
If you’ve read through our site and others, you know there are two sides to forex trading; Fundamentals and Technicals. Technical trading is all about reading charts, using moving averages, tools and indicators to find high probability trades. There are some very good ways to make money in forex technical trading. This section describes the other side of forex trading called fundamental trading. This is where your odds of making good, profitable trades increase enormously.
Fundamental trading, also known as trading the news, is one of the best ways I know of making larges sums of money in very little time with very little risk. Financial news announcements get released every week. Some of these news announcement can and do move the market if there is a surprise in the announcement. For example, if a country is expected to raise it’s interest rate by a quarter of a point (0.25), the market prices this “expectation” into the price of it’s currency. When the announcement comes and the country decides to hold rates steady or raise them even more, e.g by half of a percent (0.50), this will absolutely move the currency. These are the kind of opportunities forex news traders look for and profit from.
News trading can also be challenging. In our previous example we said if a country raises it’s rates more than expected, we would expect it’s currency rate to increase. That could be so, but timing is also very important. If the interest rate announcement is accompanied by a statement from that countries Fed of Board that indicates something like this could be the last interest rate hike for a while, this could have a negative effect on the currency. So instead of skyrocketing up, price stalls, flounders a bit and start crashing in the opposite direction. You would initially be on the right side of the trade, with a very nice profit and before you know it, price goes the other direction, stops you out and you lose money of the trade. This can and does happen.
To trade the news professionally, you need to get access to tools and information the professional traders have. You need an edge. I have that edge and it’s called the Secret Forex Society. We are a group of traders who meet online in our trading room who trade specific news events. Felix Homogratus runs the room and he is not only one of the best forex news traders in the business, but he has access to live news feeds and tools that allow us to get into most news trades right before or at the initial spike. This is where we make some serious money. I’ve been with Felix for a year and as long as this service is offered, I’ll be with it. Many of us have easily doubled our trading accounts and look forward to more years of continued success. We also have access to Rob Grespi’s live trading room (He is a Pip making guru!), a Secret News Weapon to get us into trades faster than anything I’ve ever seen and so much more! These slots fill up very quickly, so if you can't get in now, click HERE to get on the waiting list and you will be notified when there are openings.
If forex news trading looks like something you’d be interested in, get into Felix’s free Secret Forex Society service. Then about once every month, he opens up a limited registration to join our trading room. If you get the chance, GRAB IT!!! You will be on your way to an exciting and very profitable business. Felix will send out email notification when registration opens. Since this has been a hugely popular program and most traders never leave, you may need to wait a while before new registrations are accepted. So when it does happen, act fast and get in.
The last thing you should know is to make money in forex trading, you need to have money to start with. If you can’t start a forex trading account with at least $2500, my recommendation is to stay out of news trading with us. Needless to say, the more money you start with, the more money you can use to trade and the higher profits you will make.
This is a great business and I’m so glad I decided to do this when I did. I’ve been at this for years and expect to do it for many more years. I also expect to have enough money to have a nice, early retirement for myself and my family. Thanks to Felix’s Secret Forex Society and the tools we use, I am so much closer to my financial goals than every before.
If you have any questions at all about this forex news trading service, forex trading in general or anything on this forex site, just click the Contact Us link and ask away. I’ll do my best to answer your questions.
Monday, September 17, 2007
Forex News Trading (Fundamental Forex Trading)
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Forex Market
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