July 26th, 2010
LTG GoldRock
Ken Buncharoen
From my perspective, country’s economy and news have influence on price of currency. I will always try to follow news of currency pairs that I trade, determine impact of each indicator and predict short term trend from minute to week trend. I like to trade major currency pairs with low spread like AUDUSD, EURUSD, USDJPY and USDCAD.
Therefore apart from taking trades from LTG’s indicators, I also trade high important news. I like to trade high important news because it can move price by 20 to over 100 pips within few minutes. If you can predict the trend, enter and exit the right time you can get good return in short time. There are many good Forex’s high important news analysts available on internet that you can Google.
One of recent high important news is on CAD Employment Change and Unemployment Rate. » Continue Reading »
February 8th, 2010
Forex Classroom
I recently ran a live online classroom session for traders all over the world and showed them how Wall st traders trade the news online. I recorded it and if you would like to view the video you are welcome to click the link below. Or you can simply read a transcript below. Please tell me what you think of this blog post or if you have suggestions for other traders based off your own experiences please leave them for others to see.
http://www.omnovia.com/movies/livetraderglobal/44776
What we are here to talk about today is essentially a topic that I get asked about all of the time and I know that the traders in the trading room get asked about this question all the time as well. So let’s talk about it and let me share with you my experience trading the news and being around successful institutional traders and how they do it.
» Continue Reading »
