Stocks, forex or commodities are mostly affected by News. News can be credit reports, housing reports, company audits, future reports, or even talks by funny people in the world.
ie, Warren Buffett can move the stock market so much by just saying he likes a certain company. Millions will rush into buying up that stocks. Which becomes the reason why the price goes up.
back to forex,
there is always news coming...
ie) EUR - German Ifo Business Climate Index
NZD - credit card spending y/y
CHF - consumer indicator
USD - Richmond Fed Index
JPY - Trade balance
USD - Existing home sales
RED means will move market abt 50-100pips
Orange means about 25-50pips
yellow means 5-10pips. (not recommended)
this are just examples of News that will move the news.
By acheiving the fastest feeds to this news, u can actually trade the market like the big bank!
as mentioned before, 50-100pips could means $500-%1000 profits every time with standard lots.
regards,
ryan
Mar 29, 2008
DO what the BIG BANK do!
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About Dumbo Investment.com
A active Investor blog of live results and portfolio. Setted up by a group of young investors with the aim to earn potential profits from diversified fields.
All results are neither manipulated or edited before.
All Righs Reserved(2008)
All results are neither manipulated or edited before.
All Righs Reserved(2008)
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