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Saturday, July 18, 2009

Will You Make Money With News Profiteer?

By Clark Tomlin

Henry Liu has never traded for any bank, nor has he traded directly for a trader. He is not a Forex trading savant. However, he has used his Forex trading ideas smartly to help many retail Forex traders make the most of their business. He takes a different view of Forex trading, and bases his news profiteer system on fundamental news releases.

According to him there is always a technical angle to present to a trader. Various lines of market trends and candlestick charts need to be evaluated. There are also Fibonacci retracements that should be considered. However, these technical evaluations do not prepare the trader for all market uncertainties. There is also a mental angle that needs to be considered. Traders can gain a toehold on money that baits them, which can result in greed and fear.

Even though traders may think about news trading, the usual trade critics generally do not mention it. Henry Liu believes this is a mistake that hurts the whole trading market. In his newsletter, Liu gives his unbiased opinion about fundamentally tradable news and their impact.

The news these pundits fail to account for is highly tradeable material- boardroom dividend declarations and important mergers- and so, in his newsletter, he provides detailed analysis of it and its effect on the market. With this analysis, the reader will be able to more effectively determine the proper trade.

In his e-book, Liu describes methods to remain on the good side of the system and to generate as many as 25-30 pips per trade. His news profiteer system effectively eliminates the inconsistency gradient 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.

Liu suggests that many traders focus so much attention on the jargon and trappings of the market that they forget to understand the more basic principals that drive it. You can always find traders on the internet who speak in complicated jargon and hot buzzwords, yet their accounts are always short on shekels. Those that don't waste time with the pretenses but focus on principals and understand the impact of fundamental news on FOREX always end up making money in the end.

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. - 23226

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