In ทางเข้าufa where information can be an extremely powerful and strategic asset, whether to individuals or corporations, and information equals money, especially for a trader, shutting yourself off from news can be suicidal. Forex is incredibly sensitive to the flow of news that is linked to it, and major short-term currency moves are nearly always preceded by changes in fundamental views influenced by the news Lambert Philipp Heinrich Kindt. Traders around the world earn a living by processing and translating information into money. Financial news services providers understand how important news is to the forex market players, and charge reduced for it. It isn’t uncommon to get a huge selection of headlines of news which are potentially relevant to Forex currency trading from any news company on an average trading day.
Traders, especially those that day trade forex, require the latest up-to-the-second news updates in order to facilitate their trading decisions which have to be produced at lightning speed. They mostly take advantage 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 opt for 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.
The main reason why news is so vital that you Forex trading is that all new little bit of information could alter the trader?s perceptions of the current and/or future situation relating to 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. 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 founded 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 exactly the same directional bias because the trader as a result.
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 on the part of the trader as he or she assumes that other traders will be affected by the news headlines 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 united states dollar, followed soon by other traders who may react slower to the news headlines 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 if they obtain the delayed news in the morning newspapers or from their brokers. This progressive entry of us dollar bulls over a period is what sustains the upward move of the US dollar against another currency, with the USD exchange rate going higher against other currencies. The reverse holds true for bearish news, traders will sell since they know that others will be selling, thus pushing the USD exchange rate down. That is in line with the assumption that since other traders will be getting the same bits of news, they’ll be also tend to be affected the same way.
Publicly released news is disseminated to the many newswires. Any trader with usage of these wires can utilize the information provided, and react accordingly in the forex market. However, institutional players do get information that retail traders don?t, as they get privy usage of order book information in their computer systems, and could 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 is known and then 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 do not have that information.
Your voice is among the most powerful tools you own and utilizing the media is an excellent way to get your voice heard. Probably the most profitable and frequently overlooked free publicity generator may be the news release. A news release is a brief written summary alerting the neighborhood media about your organization 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 result from an objective third party.