Posted on Tuesday, February 12, 2013 at 12:24 pm CST
News trading has long been a significant tool in the repertoire of seasoned traders, but many newcomers don’t spend time learning the requisite insight to master it and reap the rewards. News reports can generate large but short-lived effects in the markets that traders can take advantage of. Henry Liu, a trading mentor who runs Currency News Trading, has just created a “Set it and forget it” program that straddles the market by setting a pending buy and sell order just above and below the quote level seconds before a news release, allowing individuals to instantly gain from new developments, whether the news is good or bad.
Source: Currency News Trading