Friday, February 18, 2011

News Profiteer Review

Henry Liu is not a savant by the regular definition books of Forex trading, He has never traded for any bank, or directly even for a trader but he has smartly panned out his Forex trading ideas in a way that it is helping many retail Forex traders get the best out of their business. His news profiteer system bases itself on fundamental news releases. He tries and sees the entire Forex trading through different eyes. According to him there is always the technical angle present to a trader. It makes him evaluate various lines of market trends, and candlestick charts. Further there are the Fibonacci retracements to consider. The technical angles though, do not prepare a trader for few market uncertainties. There is also the mental angle, one which lets a trader gain a toehold on associated baits of money which results in excess greed and fear.

Henry Liu believes that the entire trading market with all its experience miss out on a very precious dictum. It is thought about a hundred thousand times but trade pundits deliberately give it a miss. It is fundamental news trading. Henry Liu, in his newsletter tries to give such fundamentally tradable news and his neutral views on their impact. According to him market impact of such news is unexpectedly high and yet the boardroom dividend declarations and important mergers get a miss in the trader's book. So Liu in his news profiteer review gives all neutral review on tradable news, those which have a high impact on market and adds details of trade inclusive of time of news release, related figures and course of action after the new is out; whether it is time to sell or buy.

In his e-book he prescribes great ways to always remain on the better flank of the system and generate as many as 25-30 pips per trade. The news profiteer system aims to eliminate the inconsistency gradient associated with trading and effectively does so. People especially love it when Henry Liu focuses on a number lesser or greater than the amount of pips. It is then that his erudition in the field comes to the fore. He can trade London, he can trade Nikkei and within any possible timeframe. The good part is, through his news profiteer review he lets us trade as well and profit from it. 25-30 pips per trade are no mean business and it is all possible by paying heed to fundamental news releases.

Henry Liu suggests that there are two kinds of traders; those who learn all the technical jargon of the subjects and understand its execution. Such people grace forums and online trade rooms but there is never enough shekels in there live accounts. Others who only understand the theory of rally and correction, support and resistance but learn the effect of fundamental news on world Forex trade and end up being the eventual winners. News profiteer helps you get the best knowledge of market cycles, precise times for entry and exit from the markets and much more. Believe in the power of news release and you will draw shekels you never thought possible.

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