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Friday, July 10, 2009

What News Profiteer Is All About?

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.

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.

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.

He believes boardroom dividend reports and important mergers can have a tremendous impact on the market. Therefore, his newsletter provides neutral reviews on trade-related news, including high impact information. In addition, he writes about the details of trade, such as the time of the news release, related figures, and whether it is wise to sell or buy.

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.

Henry Liu always generates excitement with the way he is able to trade in any market, from London to Nikkei, and in any market condition. Twenty five to Thirty pips per trade are not insignificant. Yet, his success is based on the principals of fundamental news analysis that intelligent traders are able to benefit from by reading his newsletter.

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 access to that fundamental news and basic market principals, and will give you the kind of precise details you need to time your trades effectively. Believe in these principals, and your trading will be more successful than you can imagine! - 23223

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