In this era where information can be an extremely powerful and strategic asset, whether to individuals or corporations, and information equals money, specifically for a trader, shutting yourself off from news could be suicidal. The forex market is incredibly sensitive to the flow of news that is related to it, and major short-term currency moves are almost always preceded by changes in fundamental views influenced by the news Lambert Philipp Heinrich Kindt. Traders all over the world earn a living by processing and translating information into money. Financial news services providers know how important news is to forex players, and charge reduced for it. It is not uncommon to get a huge selection of headlines of news which are potentially relevant to Forex trading from any news service provider on an average trading day.
Traders, especially those who day trade the forex market, require the most recent up-to-the-second news updates to be able to facilitate their trading decisions which have to be made at lightning speed. They mostly make use of online financial newswire services such as for example Dow Jones Newswires, Bloomberg and Reuters, which display the latest financial news on the computer monitors. Because the speed of news dissemination is vital to traders, many choose these online instant news services instead of depending on daily newspapers like the Wall Street Journal or the Financial Times which carry stale news that is of little use to traders.
Exactly why news is so important to Forex trading is that all new piece of information can potentially alter the trader?s perceptions of the existing and/or future situation associated with the outlook of certain currency pairs. When people?s opinions or beliefs are changed, they tend to act on these changed perceptions through selling or buying actions in the forex market. Using the news, these traders will undoubtedly be getting ready to cover their existing positions or even to initiate new positions. A trader?s action is based on the expectation that there will be a follow-through in prices when other traders see and interpret exactly the same news in a similar way that he / she has, and adopt the same directional bias because the trader consequently.
News is an extremely important catalyst of short-term price movements due to the expected impact it has on other market players, which is in a way an anticipatory reaction for the trader as he or she assumes that other traders will be affected by the news as well.
If the news is actually bullish, say for the US dollar, traders who react the fastest will undoubtedly be among the first to get the us dollar, followed soon by other traders who may react slower to the news or are looking forward to certain technical criteria to be met before jumping onto the bandwagon. And there will be those who join in the buying frenzy at a later stage when they obtain the delayed news in the morning newspapers or from their brokers. This progressive entry of us dollar bulls over a period of time is what sustains the upward move of the united states dollar against another currency, with the USD exchange rate going higher against other currencies. The reverse holds true for bearish news, traders will sell because they know that others will soon be selling, thus pushing the USD exchange rate down. This is using the assumption that since other traders will be getting the same bits of news, they’ll be also are generally affected exactly the same way.
Publicly released news is disseminated to the many newswires. Any trader with usage of these wires can utilize the information given out, and react accordingly in forex. However, แทงบอลสเต็ป do get information that retail traders don?t, as they get privy access to order book information within their computer systems, and could also know a thing that others don?t through their personal contacts in the industry.
In the wonderful world of Forex trading, there are no rules or restrictions against insider trading! Anyone who possesses information that is known and then a select few can and do trade that information in forex. Sometimes, such news can provide an unfair advantage to these institutional players, but at other times, this isolated news access might not translate into real market action if other players do not have that information.
Your voice is one of the most powerful tools you own and utilizing the media is a great way to get your voice heard. The most profitable and often overlooked free publicity generator is the news release. A news release is really a brief written summary alerting the local media about your organization news and activities. News releases are not only great marketing tools but additionally far more credible and believable than advertising given that they appear to result from an objective third party.