Thursday, July 3, 2008

FOREX NEWS

We trade with technical analysis.Market sentiment is driven primarily by the economic calendar and is reported instantaneously by news outlets including Bloomberg,Reuters,Dow Jones,Trade The News and CNBC making it universally accessible.Some of these agencies charge traders a lot of money for instant news so traders can take advantage of that.The news is released at certain times on the economic figures drives the price of a currency pair towards an important Fibonacci level, Pivot level ,support level or resistance level. We trade with technical analysis.Market sentiment is driven primarily by the economic calendar and is reported instantaneously by news outlets including Bloomberg,Reuters,Dow Jones,Trade The News and CNBC making it universally accessible.Some of these agencies charge traders a lot of money for instant news so traders can trade the spikes that occur sometimes when the figure is outside the expected range.Sometimes, the news will affect the markets for days. Headline economic data moves the forex markets and currency traders can trade the spikes that occur sometimes when the figure is outside the expected range.Sometimes, the news will affect the markets for days. Most brokers have a free news plug in with their deal station.

1 comment:

Blogger said...

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