Aug 20 2010
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Candlestick Patterns with this FREE 82 page Candlestick Guide. Download a FREE COPY of te
Oracle Trader Market Prediction Software. Trade the fundamental news release with the
NewsProfiteer Henry Liu.
Henry Liu: I've decided to keep this short and sweet. If you prefer to look at the numbers and get right on to trading, then you are going to love the new format. If you want more detailed analysis, you can always read them at my blog where I share a much more detailed analysis and sometimes with a pre-recorded video to get you familiarize with trading the news...
NEWS TRADING
Thursday, August 19 2010
[4:30am NY Time]
Today's Retail Sales number from UK will be widely watched as this is a high impact yet tradable report. Here is the forecast for this release:
The Trade Plan
Retail Sales by definition is a direct measurement of consumer activities at the retail levels. A higher release is generally good for the economy, and better for it's currency; a lower release is considered as negative for the economy and not good for it's currency.
Our tradable deviation or surprise factor for UK Retail Sales is 0.6% to BUY and 0.5% to SELL. If our deviation is hit, we can expect the market to move at least 50 pips within the hour, with a historical accuracy of 74%. We'll be looking to BUY GBP/USD if we get a 0.9% or better release, and SELL GBP/USD if we get a -0.2% or worse... For Live Video of last Retail Sales and more detailed analysis including Market, and Pre-news considerations:
NEWS TRADING
Wednesday, August 18 2010
[4:30am NY Time]
MPC Meeting Minutes is scheduled to be released today and since it is customary for BOE (Bank of England) not to release a statement along with its interest rate decision (2 weeks ago) where there were no changes in either rate decision or APF (Asset Purchasing Facility, UK's quantitative easing program), today will be the first time for a glimpse into what took place during this meeting, here is the forecast:
UK MPC Meeting Minutes Forecast 1-0-8 Previous 1-0-7
ACTION: GBP/USD BUY (2 Vote For Hike) / SELL (2 Vote For QE)
The Trade Plan
We will be looking at the vote count today. If we get 2 votes for hiking 25 basis points, we should see some strengthening in the Sterling and a BUY GBP/USD trade should be justified. If we get 2 votes for quantitative easing, or to increase the currency APF from 200 Billion Pound, GBP should weaken and a SELL GBP/USD trade should be justified. Due to the nature of this release, you need to have a newswire or audio service in order to trade it. We should see a steady market reaction after the release and possible carry over to the NY Session.
Apr 15 2010
Download this
Forex News Trading FREE Report by Henry Liu. Get this powerful Forex
Swing Trading End of Day Trading Kit by Bill Poulos FREE. Learn this powerful
Fibonacci Retracement method FREE that pulls 500+ pips per trade! Henry Liu on News Trading: I get asked this question a lot, and honestly I've to say there are 2 different answers on this:
1. News SPIKE Trading is pretty much dead, with brokers widening spread, delay execution,
and or just downright slip your entries, you're lucky to break even after a high impact
news releases, let alone trying to make some profits...
2. News Trading however, on the other hand, is alive and well, and as a news trader and
fundamental analysis trader for over 5 years, I've to say that it's still one of the best trading
methods in Forex that provides consistency and profits.
So the next question is, how to trade news properly while avoiding spike trading the news? The
answer is, Retracement Trade. Retracement Trading is to wait after the market has moved initially after the news, i.e. wait until the "spike" is over, and after the market retraces (or comes back) to a certain level you jump in since the market should make another attempt to retest the spike... And this usually take place if the release is strong enough to create momentum.
I think the toughest part of Retracement Trade is to calculate your entry, how long should you
wait? where should you enter? and where should you close the trade? Well, I just uploaded a video on my blog showing you what I do to calculate retracement on my live account everyday, and this video is from a actual trading session with my Mastermind Mentoring group on NFP Friday, April 2, 2010. No theories or hypothesis, but 100% facts backed by results.
Retracement News Trading Insight - Double Fibonacci Method
This video is just my way of saying THANK YOU! There is no obligation and you don't even
need to opt-in. Just watch it if you got a few minutes to spare. I am planning a secret project to help new Forex traders, and I like to invite you to join this project once it's available. So please help me out as I'll be counting on you :)
Bill Poulos: While researching new ways to save time trading Forex (without sacrificing pips), I kind of stumbled upon 2 'discoveries' that may surprise you. The first one has to do with a 'flaw' in how 90% or more of Forex traders think about trading these markets. It's deceptively simple...
-yet it led me to develop a pretty unusual technique around 'scalping' the 'sweet spots' of the best Forex markets.
Watch this brand new video I just recorded that reveals these discoveries, along with my unusual 'scalping' technique. If you really, really enjoy staring at your computer all day long day trading every nook & cranny of the markets, then you might not like this video, because it shows you how to spend LESS time trading and MORE time 'having a life'.
Mar 23 2010
Learn this powerful
Fibonacci Retracement method FREE that pulls 500+ pips per trade. Download this
Forex News Trading Report by Henry Liu FREE. Get this Forex
Swing Trading End of Day Trading FOREX-4 PACK Training Kit FREE. This is what Henry Liu says: I get asked a lot about my Currency Strength Meter and what are some of the best ways of using it. So I sat down last Saturday and made a 26 minutes video covering the 7 ways that I use my meter, and I hope this video helps you to understand it better...
7 Tips for Currency Meter
If you haven't downloaded my Strength Meter yet, all I have to say is that this nifty little tool is free and it'll compare 19+ currency pairs instantly and show you what's REALLY going on in the market...I honestly can't trade without it! If you just use it after any high impact news release, it'll help you pick out the best currency pair to trade and add at least 30 pips (on average) to your trade. I get rave reviews on this tool and as my way of saying thank you for downloading (or going to download) my Strength Meter, I made this video specially for you:
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My Mastermind Mentoring Program Is Once Again Open For Registration:
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The other reason for this video is to celebrate the one and probably only opening of my Mastermind Mentoring program for the year 2010. I would really appreciate if you help me to get the word out...There's only 50 seats available, so if you are interested, please let me know asap and I'll reserve you a spot! You'll get more details about the Mentoring course at the bottom of my Currency Meter video!
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Forex Torpedo is the only Forex robot on the market that gives the little guy a real opportunity to trade and make the same kind of profits as the biggest traders on Wall Street. However, this flagship EA is only available on a strictly limited offer basis. Luckily, I am one of the few guys who have been told about this offer, which means that I am able to present you with this one-time window of opportunity. Put simply, if these guys sold too many copies of this powerful robot, then it would give brokers an opportunity to counter its incredible effectiveness. This is why they are only able to put a measly 500 copies into the market.
All this means that only a handful of extremely lucky traders are going to get their hands on Forex Torpedo and the insane profits that are PROVEN to come with it... I really can't stress this enough, once this flagship robot is gone, it's gone. There really is no time to waste. Get to the launch page now and secure your copy of Forex Torpedo before other traders beat you to it!
Jan 16 2010
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Swing Trading Software FREE. This is what Henry Liu says: I've made a huge mistake and I like to apologize... this came to my attention after I spoke to my wife last night, and I thought I need to let you know immediately, since there is only less than 14 hours before my Mastermind Mentoring System offer is closed. Here's what happened: As we were going over our vacation plans, my wife, asked me what I was going to do with my mentoring group during the holidays, and her exact words were: "Are we going to abandon them?" Immediately I realized that I didn't address the situation clearly with the end of the year holidays, as we'll have to shutdown the trade room for a few days due to low liquidity... And to compensate for that, anyone who already signed up or planning to sign up will receive at least an extra week on top of the days we take off, making sure that we can all "synchronize" our schedules together...
I for one will be out for about a week to 10 days, but I'll be back on the first Monday of 2010 ready to trade; therefore I'm looking to add at least 2~3 weeks of extra time to everyone's account... If you've had a concern over the holidays, don't... because even though I'm a workaholic, I'd still take days off during the end of the year holidays. So if you haven't already signup, there is about less than 14 hours left before I close the registration for good...
Henry's Mastermind Mentoring System
Just in case you're reading about this offer for the first time, I've included the original offer below, and you can find out all about it by visiting my offer's page. I'm going to do something I've never done before...I'm going to GUARANTEE you'll make money consistently in Forex, while spending less time trading weekly, in 90 days of less...That's a pretty big promise, don't you think? And I'm going to put my money on the line, if in fact you didn't achieve what I promised, I'm going to give you 110% of your money back... (see offer below for more details)
Henry's Mastermind Mentoring System
This is for real...I'm going to take 100 traders in the next 3 months, excluding holidays, and mentor them to success... I'm prepared to dedicate 100% of my time to make it happen. This is my "Mastermind Mentoring System", or a 90-day program of learning how to trade Forex under real market condition, along with comprehensive mentoring, DVD course, 1 on 1 phone training, and daily news trading sessions...
Henry's Mastermind Mentoring System
It's unique and never been done before. You'll learn how to become a successful Forex trader while you earn... by following my trades live in the trade room every day...
But only if you act now, today, immediately. I've officially launched my Mentoring service last week, and there's only another 48 hours before I pull this offer forever. That's of course if I didn't get 100 traders first, because of the time commitment, 100 is at my limit...If you've always wanted financial independence through Forex, this may be the one opportunity you've been waiting for!
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