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Friday, July 17, 2009

The ABCs of News Profiteer

By Clark Tomlin

Many retail Forex traders benefit through the efforts of Henry Liu. Although he has never worked for a bank or trader, Liu developed innovative new trading ideas based on fundamental news releases. His theories envision Forex trading through a new lens and assist traders to achieve the most from their businesses.

He believes that one cannot neglect the technical side of FOREX trading: evaluating market trends, Fibonacci retracements, and the like. However, he also chooses to cultivate the mental toughness required to make money in an uncertain market without succumbing to greed.

He also feels that market pundits fail time and time again to accurately account for the impact of specific news items on the FOREX market. His newsletter provides an account of what these pundits miss, while remaining objective and fair.

According to him, boardroom dividend declarations and important mergers are consistently not considered by traders. However, the market impact of such news is unexpectedly high. In Lius' news profiteer review, he gives a neutral review on tradable news, particularly those which will likely have a high impact on the market. He also adds details including the time of the news release, related figures and a course of action to take after the news is out; for example, whether it is time to sell or time to buy.

Liu's e-book suggests excellent ways to remain on the best end of the system, resulting in as many as twenty-five or thirty pips per trade. The news profiteer system effectively eliminates the inconsistency scale associated with trading.

People find it especially helpful when Henry Liu focuses on a larger or smaller number than the amount of pips. It is then that his knowledge in the field truly shines. Within any possible time frame he can trade London or Nikkei. And through his new profiteer review he also gives us the opportunity to trade and profit from it. Generating 25-30 pips per trade is no small feat, but it is possible by paying attention to fundamental news releases.

According to Liu, there are two types of traders. The first learns all the technical jargon and understands its execution. Those people grace forums and online trade rooms, but there are never enough shekels in their live accounts. The second understands the theories of rally and correction and support and resistance. If they also understand the effect of fundamental news on world Forex trade they will be the eventual winners in the market.

News profiteer will give you the best knowledge of market cycles and precise times to enter and exit the markets, among other important details. If you believe in the power of news release, you will draw shekels you never thought possible. - 23211

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