In แทงบอล77 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 could be suicidal. The forex market is incredibly sensitive to the flow of news that’s 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 around the world earn 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 isn’t uncommon to get hundreds of headlines of news which are potentially relevant to Forex currency trading from any news service provider on the average trading day.
Traders, especially those that day trade the forex market, require the latest up-to-the-second news updates so as to facilitate their trading decisions which have to be made at lightning speed. They mostly take advantage of online financial newswire services such as Dow Jones Newswires, Bloomberg and Reuters, which display the most recent financial news on their computer monitors. Since the speed of news dissemination is very important to traders, many choose these online instant news services rather than depending on daily newspapers just like the Wall Street Journal or the Financial Times which carry stale news that’s of little use to traders.
Exactly why news is so important to Forex trading is that every new little bit of information can potentially 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. Using the news, these traders will be getting ready to cover their existing positions or even to initiate new positions. A trader?s action is based on the expectation that you will see a follow-through in prices when other traders see and interpret exactly the same news similarly that he / she has, and adopt exactly the same directional bias as 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 ways an anticipatory reaction for the trader as she or he assumes that other traders will be affected by the news headlines 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 get 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 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 be selling, thus pushing the USD exchange rate down. That is based on the assumption that since other traders will undoubtedly 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 tap into the information given out, and react accordingly in forex. However, institutional players do get information that retail traders don?t, as they get privy access to 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’s known only to 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 may not result in real market action if other players don’t have that information.
Your voice is among the most powerful tools you own and using the media is a wonderful solution to get your voice heard. The most profitable and frequently overlooked free publicity generator may be the news release. A news release is a brief written summary alerting the local media about your business news and activities. News releases aren’t only great marketing tools but also far more credible and believable than advertising given that they appear to result from an objective third party.