In this era where information is definitely an extremely powerful and strategic asset, whether to individuals or corporations, and information equals money, especially for a trader, shutting yourself faraway from news could be suicidal. แทงบอลเว็บไหนดี is incredibly sensitive to the flow of news that’s linked to it, and major short-term currency moves are almost always preceded by changes in fundamental views influenced by the news headlines Lambert Philipp Heinrich Kindt. Traders all over the world make a living by processing and translating information into money. Financial news services providers know how important news is to the forex market players, and charge a premium for it. It is not uncommon to get hundreds of headlines of news which are potentially relevant to Forex currency trading from any news service provider on an average trading day.
Traders, especially those that day trade forex, require the most recent up-to-the-second news updates so as to facilitate their trading decisions that have to be produced at lightning speed. They mostly make use of online financial newswire services such as Dow Jones Newswires, Bloomberg and Reuters, which display the latest financial news on their computer monitors. Because the speed of news dissemination is important to traders, many choose these online instant news services instead of based on daily newspapers like the Wall Street Journal or the Financial Times which carry stale news that is of little use to traders.
The main reason why news is so important to Forex trading is that each new little bit 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 buying or selling actions in the forex market. Based on the news, these traders will be getting ready to cover their existing positions or 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 the same news in a similar way that he / she has, and adopt the same directional bias because the trader due to this fact.
News is a very important catalyst of short-term price movements due to expected impact it has on other market players, and this is in a way an anticipatory reaction for the trader as she or he assumes that other traders will undoubtedly be affected by the news as well.
If the news is actually bullish, say for the united states dollar, traders who react the fastest will undoubtedly be among the first to buy the us dollar, followed soon by other traders who may react slower to the news headlines or are waiting for certain technical criteria to be met before jumping onto the bandwagon. And you will have those who join in the buying frenzy at a later stage when they obtain the delayed news each 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 is true for bearish news, traders will sell because they know that others will be selling, thus pushing the USD exchange rate down. That is based on the assumption that since other traders will be getting the same bits of news, they’ll be also are generally affected 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, institutional players do get information that retail traders don?t, because they get privy access to order book information within their computer systems, and may also know something that others don?t through their personal contacts in the industry.
In the world of Forex trading, you can find no rules or restrictions against insider trading! Anyone who possesses information that’s known only to a select few can and do trade that information in the forex market. Sometimes, such news may give 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 don’t have that information.
Your voice is probably the most powerful tools you own and using the media is a wonderful 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 neighborhood media about your business news and activities. News releases aren’t only great marketing tools but also a lot more credible and believable than advertising given that they appear to come from an objective alternative party.